Comments on: EUR edging higher against the CHF and the JPY https://fxww.com/eur-edging-higher-against-the-chf-and-the-jpy/ The Professional Source Wed, 06 Mar 2013 19:07:20 +0000 hourly 1 By: peter https://fxww.com/eur-edging-higher-against-the-chf-and-the-jpy/#comment-17091 Wed, 06 Mar 2013 19:07:20 +0000 http://fxww.dreamhosters.com/?p=6081#comment-17091 market was diagnosed w/bipolar years and years ago lol

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By: Kirill https://fxww.com/eur-edging-higher-against-the-chf-and-the-jpy/#comment-17084 Wed, 06 Mar 2013 10:40:57 +0000 http://fxww.dreamhosters.com/?p=6081#comment-17084 Thank you Sean, However, I am totally confused at the moment. Equities are totally ignoring any downside, while commodities are still at the bottom of recent correction range. Even in commodities space cad is weak, aud is strong… Dax at top, while europe in recession. Market is bipolar, that is indicative of something not pleasant brewing. The problem is, I do not understand or see the writing on the wall.

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By: Sean Lee https://fxww.com/eur-edging-higher-against-the-chf-and-the-jpy/#comment-17081 Wed, 06 Mar 2013 09:54:06 +0000 http://fxww.dreamhosters.com/?p=6081#comment-17081 Thanks Kirill, excellent points as always

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By: Kirill https://fxww.com/eur-edging-higher-against-the-chf-and-the-jpy/#comment-17079 Wed, 06 Mar 2013 09:46:50 +0000 http://fxww.dreamhosters.com/?p=6081#comment-17079 Sean, i was meditating over Nikkei behaviour. It looks insane. It has broken up from recent flat consolidation, indicating tha the same could be in store for JPY. Given that favorite trade at the moment is Texas hedge of short JPY and long Nikkei, i would be weary of any long jpy strategy until Nikkei at lest slows down. Anyway it is just my feel. equities are on fire and I wonder whether animal spirits with respect to Japan has woken up. If it is so, may be Usd/JPY 200 is closer than I imagine.

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