https://fxww.com/usdjpy-if-you-like-contrarian-trade-ideas/ The Professional Source Wed, 21 Nov 2012 19:48:38 +0000 hourly 1 https://fxww.com/usdjpy-if-you-like-contrarian-trade-ideas/#comment-7722 Wed, 21 Nov 2012 19:48:38 +0000 http://fxww.dreamhosters.com/?p=2989#comment-7722 Dear Sean, trend already changed..

]]> https://fxww.com/usdjpy-if-you-like-contrarian-trade-ideas/#comment-7696 Wed, 21 Nov 2012 10:38:35 +0000 http://fxww.dreamhosters.com/?p=2989#comment-7696 Yen weak is in real fundy cases, due to Japan loss a lot of business in China or oversea Chinese. Japan export may be not good now. So, Japan GDP expectation will be lower in next 6 to 12 months. Japanese debt issue may be focus again, huge debt, worst than USA. so, Japan may face bankrupted. When market start to re-assess Japan on fundamental base, then, big shift in yen will happen, and last for while. 83.85 will hit. Then, 85 or 95 levels ?

]]> https://fxww.com/usdjpy-if-you-like-contrarian-trade-ideas/#comment-7694 Wed, 21 Nov 2012 10:33:41 +0000 http://fxww.dreamhosters.com/?p=2989#comment-7694 I’m not too sure about being contrarian here – pennies in front of a steam roller come to mind. Pretty sure this is going to 84, it’s a clear path to that. What happens near 84 – 84.50 will determine the next move. btw a great analysis of Japan’s macro problems here:
http://www.scribd.com/doc/113621307/Kyle-Bass

]]> https://fxww.com/usdjpy-if-you-like-contrarian-trade-ideas/#comment-7692 Wed, 21 Nov 2012 10:20:13 +0000 http://fxww.dreamhosters.com/?p=2989#comment-7692 I think he’s dead right with false expectations. I’ve just been reading something from JPMorgan’s Tohru Sasaki and he seems to think this whole Abe / LDP stuff will eventually blow over and the yen strength will return (he is always bullish yen though I think).
I don’t think the Japanese government will sit around and allow then yen to strengthen much though. Lows below 75 might be overly optimistic, but hey markets can surprise.

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