Comments on: EUR/JPY getting smashed on pre-BOJ profit taking

By: Sean Lee

Sean Lee — Thu, 20 Dec 2012 02:42:55 +0000

Yes mate, only small now though against a cable short so in essence EUR/GBP long; you gotta have some interest in it

By: zenfxtrader

zenfxtrader — Thu, 20 Dec 2012 02:33:38 +0000

Sean, are you still long EURUSD? The BoJ statement will be make or break for the yen pairs and I judge the risk is to the downside.

By: Danny

Danny — Thu, 20 Dec 2012 02:13:56 +0000

maybe that explains the 150 pips drop yesterday.if its dovish then will probably expect another 100 pips down.

By: Sean Lee

Sean Lee — Thu, 20 Dec 2012 02:07:44 +0000

It will be to do with the statement and whether they mention the 2% inflation target and possible measures to get there? I find it extremely unlikely that they will make any mention of new targets but the mkt is certainly pricing something in

By: Danny

Danny — Thu, 20 Dec 2012 02:04:44 +0000

Sean,
What would be the dissapointing number coming from BOJ later?

By: Sean Lee

Sean Lee — Thu, 20 Dec 2012 01:38:29 +0000

Oh Dok, don’t rub it in! Not sure what to think, I’m always too emotionally involved after getting stopped out of a trade so I find its best for me to take a few days off and cool down

By: dok

dok — Thu, 20 Dec 2012 01:22:33 +0000

Sean, it’s time for a move toward 109?