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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 1558
Forum Topic:

JPY

Discuss JPY
 
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 25, 2010 8:24
Those who were skeptical about my call for USDJPY at 91.80, it was all about the rise in GLOBAL BOND YIELDS which is ALMOST ALWAYS NEGATIVE for yen and positive for YEN CROSSES

By the way bond yields usually go up seasonally speaking from Mar to June

Ashraf
Callum
Singapore
Posted Anonymously
14 years ago
Mar 24, 2010 22:43
With USDJPY exploding above the 200 daily moving average, are the flood-gates open for Jan high?
raulin
london, UK
Posts: 65
14 years ago
Mar 24, 2010 22:20
That was an unpleasant usd/jpy short squeeze the factor being the sudden rise in short term treasury yield the reason for this being not too clear there was a farly poor bid rate for treasury auction but does not explain the spike VIX spiked up too equity rally stilll goes up but on very low volumes due for a correction
samof
Beijing, China
Posted Anonymously
14 years ago
Mar 24, 2010 16:26
Yes ,it is strange, which country stocks are ?
AVG
Posted Anonymously
14 years ago
Mar 24, 2010 16:08
Strange mkt..... Stocks are negative, EUR is falling against USD, but not sure why JPY is been sold..... I thought this kind of scenario calls for Risk Aversion.... Vry strange FX mkts.... Any comments friends.....
AVG
Posted Anonymously
14 years ago
Mar 24, 2010 13:32
Thks Ashraf for ur reply.....
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 24, 2010 13:23
AVG, stocks will have to start dropping for JPY to stabilize. I did call for USDJPY at 91.80 last week. Itis now treading near 200-day MA. But if Janet Yellen keeps on talking about rates remaining low etcc, then that helps stocks against JPY. Bernanke to speak tomorrow.

Ashraf
taniral
Auckland, New Zealand
Posts: 33
14 years ago
Mar 24, 2010 13:22
Mr Laidi,

Thank you very much for your precious opinion with USDJPY. It helped me tremendously in my trade.
AVG
Posted Anonymously
14 years ago
Mar 24, 2010 12:50
Hi Ashraf,
How are u....
Are we expecting Risk Aversion in the current mkt..... I m short at EUR/JPY at 121.43.... But JPY is been sold across the board now.... Any suggestion pls....

Thks....
asad
London, UK
Posted Anonymously
14 years ago
Mar 23, 2010 17:48
Ashraf,

Thanks for your opinion.

W/ nearly $10 tn in debt ($2.5 tn of which matures later this year), do you think Japan is sitting comfortably? Bear in mind that it has the second-highest, or the highest, debt-to-GDP ratio. Do you still expect JPY to do well near the end of '10?

If the above is true, then why does the investment community consider JPY a safe haven?


Asad