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Posts by "steven blyth"
147 Posts Total by "steven blyth":
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Posts by Anonymous "steven blyth":
"Another bearish factor weighing on the pair is a news report from Nikkei newspaper that Japanese exporters have lowered their hedges from 9500 with Toyota now targeting 9000 and Sony 9300. If true, the drift below 9500 may no longer be as detrimental to Japanese economy as it was at the start of this year and will therefore face less resistance by Japanese monetary authorities.
Taken from fx360.com from a larger article:http://tinyurl.com/qdgp9a
Next week i suppose its fresh shorts on CADJPY, USDJPY, AUSJPY and GBPJPY.