Comments on: JPY crosses sharply higher https://fxww.com/jpy-crosses-sharply-higher/ The Professional Source Mon, 22 Oct 2012 06:06:00 +0000 hourly 1 By: Iridium https://fxww.com/jpy-crosses-sharply-higher/#comment-2087 Mon, 22 Oct 2012 06:06:00 +0000 http://fxww.dreamhosters.com/?p=1666#comment-2087 Sean, you’re probably right. However, just to throw a little bit of spice in the dish, have a look at this:

http://imageshack.us/a/img198/1607/japantradebalance.jpg

Well, it’s been about 26 years that the trade balance was positive!!! Now, we are having a trend change… is this going to have an impact on the yen and how to trade this is a totally different story. It could take 5 years to materialize in the USDJPY 🙂

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By: Jones https://fxww.com/jpy-crosses-sharply-higher/#comment-2086 Mon, 22 Oct 2012 06:03:13 +0000 http://fxww.dreamhosters.com/?p=1666#comment-2086 EUR/JPY looks about to fall by 50 pips, maybe that’ll drag GBP/JPY down?

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By: Sean Lee https://fxww.com/jpy-crosses-sharply-higher/#comment-2085 Mon, 22 Oct 2012 05:54:27 +0000 http://fxww.dreamhosters.com/?p=1666#comment-2085 That’s the one Jones and I wish they’d stop

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By: Jones https://fxww.com/jpy-crosses-sharply-higher/#comment-2084 Mon, 22 Oct 2012 05:50:43 +0000 http://fxww.dreamhosters.com/?p=1666#comment-2084 In reply to majimaji.

a UK bank

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By: Sean Lee https://fxww.com/jpy-crosses-sharply-higher/#comment-2083 Mon, 22 Oct 2012 05:42:29 +0000 http://fxww.dreamhosters.com/?p=1666#comment-2083 Possibly Iridium but it would be the first time in 26 years that the market started to focus on Japanese economic data

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By: Iridium https://fxww.com/jpy-crosses-sharply-higher/#comment-2080 Mon, 22 Oct 2012 05:34:26 +0000 http://fxww.dreamhosters.com/?p=1666#comment-2080 Easing talk from BOJ + negative trade balance numbers this morning => they hope a new trend is here (finally) upwards in USDJPY…
In fact the japanese trade balance may be the most important indicator for the JPY.

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By: majimaji https://fxww.com/jpy-crosses-sharply-higher/#comment-2077 Mon, 22 Oct 2012 05:27:14 +0000 http://fxww.dreamhosters.com/?p=1666#comment-2077 who are the big european?

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By: Nachiket https://fxww.com/jpy-crosses-sharply-higher/#comment-2071 Mon, 22 Oct 2012 05:21:52 +0000 http://fxww.dreamhosters.com/?p=1666#comment-2071 Yes USD/JPY intervention caused spike in EUR and GBP as well. it will be reversed don’t worry. bernanke is much more powerful than any of the muppets

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