The Intervention done on sep15 didn't cost the japanese central bank anything for the following reasons:
Before the intervention started the japanese finance minister called all the G7 members to put them in what is going to happen indeed the central bank also connected other central banks ,so absolutely when the central bank started buying dollars it directly in the same time started converting small amounts of these dollars to euro ,and aud mainly inaddition to other currencies ...
THE MAIN FACT IS THAT AT LEAST AFTER THE PRICE REACHED THE 85 .70/90( WITHIN THIS RANGE )THE CENTRAL BANK STARTED GRADUALLY SELLING at least 40% of THE DOLLARS THEY PREVIOUSLY BOUGHT AND started BUYING YEN ,SO THEY ACTUALLY GAINED FIRST FROM BUYING DOLLAR AND GAINED BY RESELLING IT LATER by 3% higher than the rate they bought at first ...
THIS IS A PERFECT DEAL DONE,thus what i previously said about the every minute intervention done by the japanese had been confirmed since it is not a coincident that the price is always being pushed to the 82 level ,this happened hundreds of times yesterday and today...
AN INVISIBLE INTERVENTION IS HAPPENING AT EVERY MINUTE ...
INDEED TODAY THE FINANCE MINISTER SAID WE WILL FINALLY INTERVENE IF THE YEN DOES ANY NEW LOW THIS MAKES ME THINK HE IS EITHER A VERY SMART PLAYER OR HE'S AN AMATEUR SINCE SAYING THIS MAKES THE MARKET PUSH THE PAIR LOWER INORDER TO FORCE HIM TO INTERVENE ,OR HE'S SURE THAT THE PAIR WOULD NOT GO LOWER SINCE HE IS PRACTICING AN INVISIBLE INTERVENTION ...
Before the intervention started the japanese finance minister called all the G7 members to put them in what is going to happen indeed the central bank also connected other central banks ,so absolutely when the central bank started buying dollars it directly in the same time started converting small amounts of these dollars to euro ,and aud mainly inaddition to other currencies ...
THE MAIN FACT IS THAT AT LEAST AFTER THE PRICE REACHED THE 85 .70/90( WITHIN THIS RANGE )THE CENTRAL BANK STARTED GRADUALLY SELLING at least 40% of THE DOLLARS THEY PREVIOUSLY BOUGHT AND started BUYING YEN ,SO THEY ACTUALLY GAINED FIRST FROM BUYING DOLLAR AND GAINED BY RESELLING IT LATER by 3% higher than the rate they bought at first ...
THIS IS A PERFECT DEAL DONE,thus what i previously said about the every minute intervention done by the japanese had been confirmed since it is not a coincident that the price is always being pushed to the 82 level ,this happened hundreds of times yesterday and today...
AN INVISIBLE INTERVENTION IS HAPPENING AT EVERY MINUTE ...
INDEED TODAY THE FINANCE MINISTER SAID WE WILL FINALLY INTERVENE IF THE YEN DOES ANY NEW LOW THIS MAKES ME THINK HE IS EITHER A VERY SMART PLAYER OR HE'S AN AMATEUR SINCE SAYING THIS MAKES THE MARKET PUSH THE PAIR LOWER INORDER TO FORCE HIM TO INTERVENE ,OR HE'S SURE THAT THE PAIR WOULD NOT GO LOWER SINCE HE IS PRACTICING AN INVISIBLE INTERVENTION ...
