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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 1558
Posted: Feb 22, 2010 5:00
Comments: 1558
Forum Topic:
JPY
Discuss JPY
BTW, Oil is down today, usually a positive for USDCAD. If the right thing is said tomorrow by BOC, we could light a match to USDCAD and watch it explode to 1.0700.
Currently long.
Juno1
Smartest folk are in FX. They know equity selloff is coming, and are therefore buying bidding the worthless JPY higher against allcurrencies (including USD). Once this selloff occurs, USDJPY will be a SCREAMING buy!
Smart FX players shorting USDJPY in preparation of equity selloff, while PPT dupes public into buying equities under false confidence.
AHVE A LOOK ON EASTERN EUROPE CURENCY
Careful Mr. and Mrs. Jones, don't be duped by th PPT.