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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
i know chinese busy for chairs, so dont expect any big ease but small bailout.
spike to 78.71, currently holding 78.01
BoJ intervention seemingly nowhere in sight...
Maintaining long term yen weakness bias...ie usdjpy long
Merch. Trade balance, Exports & Imports data due out at 1950hrs EST along with BoJ rate decision due out early Wed am NY time...exp rates to stay the same, for a change, however looking for more agressive rhetoric on weakening the yen...(coordinated) intervention would be ideal..
...usdjpy levels 7915, 7885, 7855
you playin' this pair too?