Showing posts with label FXY. Show all posts
Showing posts with label FXY. Show all posts

Wednesday, March 16, 2011

Japanese economy in freefall

And so is the Yen. Yen making all time highs against the dollar, now below 77. Amazing. This is the final throws before the epic yen collapse. The yen, very soon, will be the short of a lifetime. Just not yet.

Incidentally, all foreign exchange desks are going to BLOW UP over this, which could cause additional liquidations from margin.

Thursday, October 14, 2010

It's 6AM do you know where your BOJ is?

The yen is now essentially at 81. Where is the bank of japan to be found? Not throwing money in the fire yet. Much more of this and the dollar is going to get routed, quickly.


- Posted using BlogPress from my iPhone