Keep It Simple Stupid
- #48,344
- Sep 19, 2014 10:36am Sep 19, 2014 10:36am
- Joined Apr 2014 | Status: Scalper / Swing Trader | 1,417 Posts
- #48,347
- Edited Sep 20, 2014 7:57am Sep 19, 2014 1:13pm | Edited Sep 20, 2014 7:57am
- Joined Sep 2014 | Status: Trader | 4,176 Posts
I worry USD/JPY will raise to 115 or more on this X'mas.
- #48,351
- Sep 20, 2014 7:26am Sep 20, 2014 7:26am
- | Membership Revoked | Joined May 2008 | 3,395 Posts
The Market pays you to be disciplined
- #48,354
- Sep 20, 2014 10:08pm Sep 20, 2014 10:08pm
sounds bad for yen and eur...
Kuroda said this month he would do what’s needed to achieve the BOJ’s inflation target as he continues unprecedented easing. The ECB has cut interest rates to record lows and committed to boost its balance sheet to the levels it had at the height of the sovereign debt crisis in 2012.
http://www.bloomberg.com/news/2014-09-20/currency-coordination-emerges-as-g-20-monetary-policies-diverge.html
Kuroda said this month he would do what’s needed to achieve the BOJ’s inflation target as he continues unprecedented easing. The ECB has cut interest rates to record lows and committed to boost its balance sheet to the levels it had at the height of the sovereign debt crisis in 2012.
http://www.bloomberg.com/news/2014-09-20/currency-coordination-emerges-as-g-20-monetary-policies-diverge.html
- #48,355
- Sep 20, 2014 10:39pm Sep 20, 2014 10:39pm
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
- #48,356
- Sep 20, 2014 10:43pm Sep 20, 2014 10:43pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
Still riding that sucker!Stop moved up again this morning and now has 1660 pips locked in! {image}
The Thief of Wall Street
- #48,357
- Sep 20, 2014 10:44pm Sep 20, 2014 10:44pm
bloomberg.com
http://www.bloomberg.com/news/2014-0...s-diverge.html
"Choi said the South Korean government is “not at all” intervening in the foreign-exchange market to determine the won’s level. Lew’s comments were “reiterating the importance” of the issue, rather than singling out South Korea, Choi said.
While Choi said he lets the market determine the strength of the won, it’s different when moves are extreme.
“If there is a very sudden tilting toward one direction in a very short period of time in the foreign exchange market, then there would be some smoothing operations,” he said. “But that is something that is done not only in Korea but in all other countries.”
He described “smoothing” as the minimum level of effort made by the currency authority in times of such extreme fluctuations."
jesus christ......
http://www.bloomberg.com/news/2014-0...s-diverge.html
"Choi said the South Korean government is “not at all” intervening in the foreign-exchange market to determine the won’s level. Lew’s comments were “reiterating the importance” of the issue, rather than singling out South Korea, Choi said.
While Choi said he lets the market determine the strength of the won, it’s different when moves are extreme.
“If there is a very sudden tilting toward one direction in a very short period of time in the foreign exchange market, then there would be some smoothing operations,” he said. “But that is something that is done not only in Korea but in all other countries.”
He described “smoothing” as the minimum level of effort made by the currency authority in times of such extreme fluctuations."
jesus christ......
- #48,358
- Sep 20, 2014 10:45pm Sep 20, 2014 10:45pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
- #48,359
- Sep 20, 2014 10:46pm Sep 20, 2014 10:46pm
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
- #48,360
- Sep 20, 2014 10:46pm Sep 20, 2014 10:46pm
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts