Does anyone know if the BOJ intervened? I can't see any fundamental reason (news event) that would have caused the Yen to rally like that.
Any and all explanations are welcome!
Mike
Any and all explanations are welcome!
Mike
Therefore what??
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DislikedHow much longer till we can get back into the sweet interest of gbp/jpy?Ignored
DislikedYou're obviously a fundamental guy. Do you have any opinion on gbp/jpy hitting resistance that formed in 1998? That's the last time it was at these levels. Very similar to eur/jpy, chf/jpy, aud/jpy, and a trendline on usd/jpy. Question that needs to be asked if the conditions in 98' are similar to where it's at now. Which can be answered with fundamentals.Ignored
DislikedSad to see such a great carry trade lose supporters. 7 years of bliss and worry free longs
Ha. Anyways, how're you getting 232? That'll be quite a drop. Perhaps because of the wait from now till the BOJ release?Ignored