Is it a strong reversal or another disappointing small bull ?
Only time will tell...looks like still ranging...I'm staying out.
Only time will tell...looks like still ranging...I'm staying out.
USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
DislikedTo drive it to supply for another sell off. I see nothing on the charts that indicate a turn nor as fosking stated from a fundamental point of view. If people want to buy it because it is 'cheap', then I won't stand in their way, as after all it is their money. Same with the Swissy. I will wait for the market to show its hand before I start longing either pair.Ignored
DislikedVery strong appreciation and depreciation within the space of a minute ...well, well, what do we have here !Ignored
DislikedI'm still riding the trend with long bias
On hourly charts UJ double bottom heldIgnored
Dislikednot much downside (we saw BOJ protecting 76.50 yesterday)..
upside ... 83-85? then 93-95? hope i'm not too optimistic..Ignored
Dislikednot much downside (we saw BOJ protecting 76.50 yesterday)..
upside ... 83-85? then 93-95? hope i'm not too optimistic..Ignored
DislikedI think so too. I'm surprised they started so early, but there'd be no point in an intervention that everyone foresees.Ignored
Dislikedsorry im a newbie.. an intervention that is alraedy expected wont work?
how is it early? was around march lows...Ignored
DislikedThe greater the surprise factor, the more a central bank can shock the market. If most of the market correctly forecasts some external influence, it's prices won't react as much.
Cukierman and Meltzer published research on central bank transparency vs. ambiguity in 1986.
"A Theory of Ambiguity, Credibility and Inflation Under Discretion and Asymmetric Information"Ignored
Dislikedthanks! seems like risk aversion is still the theme of the day..Ignored