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by Ashraf Laidi
Posted: Dec 11, 2012 13:04
Comments: 5
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This thread was started in response to the Hot-Chart:

Yin Yang of Yen & Yields

 
Ashraf Laidi
London, UK
Posts: 0
2 years ago
Apr 15, 2013 0:27
In reply to Elliott Trader's post
Hi Elliot,

The US has no longer any case to criticize Beijing over an undervalued yuan because the yuan has in fact hit new highs vs the USD and even the IMF acknowledged that yuan is no longer undervalued.

As for JPY, the US has cannot criticize the Bank of Japan for doing exactly what the Fed is doing.

As my Premium subscribers were told on Friday,Japan will make a few statements ahead of G20 meeting indicating that it is closely watching current movements in order to avoid G20 from criticizing Tokyo over yen weakness.

Such remarks will lift the yen a bit and bring all yen crosses down to an attractive territory to buy them anew.

All the levels are in the latest Premium Insights

Ashraf
Elliott Trader
Riyadh, Saudi Arabia
Posts: 0
2 years ago
Apr 13, 2013 14:14
First of all I would to Congrat your opinion regarding $1400 levels for Gold , which surprized most of Financial Analyst Expert weeks ago.

Regarding the JPY I would like to give yoru imputs in spot of last U.S. Treasury report notes in the hereudner link http://uk.reuters.com/article/2013/04/12/uk-usa-treasury-currency-idUKBRE93B12C20130412

is JPY wills sustain for another billions for supporting Yen down .. and is it kind of balancing (Deflation/inflation)or it is matter of trade balance??

moreover, Is Yuan an mirror of Yen policy ?

Ashraf Laidi
London, UK
Posts: 0
2 years ago
Dec 19, 2012 12:38
In reply to Saka's post
Saka,

Congrats on the trade. Great stuff

Ashraf
Sahid
irreductible, France
Posts: 464
2 years ago
Dec 18, 2012 1:53
what is interesting are the imbalances in payments and balance trade between asean countries such EEM and their respectives counterpart such usa and japan.
the deadlock of OTC markets will trigger or it will be triggered by a factor inherent to a risk factor due to imbalances in payment.
we have years to come of growth from EEM.
korean won end second semester 1240
Saka
China
Posts: 29
2 years ago
Dec 17, 2012 3:31
dear, Laidi

I have longed UJ from 79.5 and still hold this position. I think this trend will be stalled at 85.5 level in short term. . But from monthly chart, I think a sHs bottom pattern has formed, and it will get to 95 level in sereval years. From fundermental view, I think this is the top of Yen, and a new era has emerged.