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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:

USD

Discuss USD
 
Gunjack
London, UK
Posts: 1184
13 years ago
Dec 30, 2010 17:16
@DaveO - Not sure what its worth but have been hearing that GBPJPY is a good long in 2011...obviously timing is everything and going long at right levels...
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 30, 2010 16:45
seem to remember the last time we heard rumours it took them about 2 weeks to act. Oh well, entirely my decision.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Dec 30, 2010 16:40
don't know when but BoJ intervention is likely to happen sooner than later.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 30, 2010 16:37
damn, should I exit my gbpjpy short ? was expecting a minor ret soon followed by another move down.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Dec 30, 2010 15:36
plenty of rumors BoJ prepares for substantial interventions . of course EURJPY short was a 100% safe trade but i am out . Bloomberg reported BoJ is doubling ammunition to intevene USDJPY.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 30, 2010 15:01
wow, 3 lots of good #'s out of the US today.
chloethebull
Canada
Posted Anonymously
13 years ago
Dec 30, 2010 14:53
more strong usd data out with pmi#68.6 ..another reason why i did the audusd trade was after the fomc minutes were released an it was bearish an still dx shook it off an contin to climb across the board an plus china raised RR,an i think there was 1more thing that i can;t recall.but the fomc was a sign that fed is losing some of its abilities to weaken off the dollar with the mantra more qe2+low rated extended period..something to think about going into new yr..gl:)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 30, 2010 14:12
DX could make 78.73 or 78.07 next. No guarantees :-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 30, 2010 14:08
btw catnip, expect you are aware of the E #F. Now reached a low at 127.2% sym ext. If it breaks that level I see new lows below 102.89 30th June low.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 30, 2010 14:03
Wasup, yea PPT and da battle of da year end bonuses. I been plugging that for coupla weeks now. Santa rally usually plays. But an alert has been very weak NYSE breadth these past few weeks. It has to resolve by strengthening or we shall see the mother of all reversals early new year.