USD/JPY Discussion

Quoting pohchuan

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...coupled with a better GDP report last week, don't think why BOJ will initiate another round of money printing to soften the YEN. But again....anything is possible, especially in FOREX. It is about the balancing of strength/weakening of Dollar and YEN.

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Quoting Exodus

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{quote} The Japanese government and/or BoJ do not want the Yen to become too strong. The effect of a strong Yen is to disadvantage the native industry. Some Japanese firms have been repatriating some manufacturing because the price disadvantage has reduced with the Yen at current levels. There will be moves to stop the Yen from strengthening, then when and the how is for us to guess.

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Quoting Fx_Anil

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{quote} the UJ can test 100 level.

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Quoting Donika

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Has someone got a idea of todays bottom, Will it pass 101.10

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Quoting acidguy

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{quote} weekly show this pair is about to collapse to 99 . something else is playing this pair but not positive equities sentiment or wed be at least 105 right now.

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Quoting iahmedz

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I am longed since last week at 101.46.. :-/ waiting waiting waiting

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Quoting Donika

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{quote} Thats exactly the case at this point Japs will do anything to weaken the yen i guess. More stronger yen less profits japanese firms make overseas. They dont wont toyota shares shrunk. At the same time they dont want to shut down inflation inside. Its a case of which do they benefit mostly from. I guess they,ll vote for a weaker YEN.

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Quoting acidguy

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{quote} weekly show this pair is about to collapse to 99 . something else is playing this pair but not positive equities sentiment or wed be at least 105 right now.

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Quoting Ken A

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Can't you use the edit button instead of spamming this thread with all your valuable posts? {image}

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Quoting Exodus

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{quote} Weaker Yen will also drive inflation. {quote} Something strange is happening in the FX market at the mo....

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Quoting abokwaik

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My 2 cents {image} There could be an inverse H&S (around the pink lines)

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Quoting Exodus

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Aside, have you seen the EU chart? Something strange is happening in the FX market at the mo....

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