@Ophir Yeah, I remember when the USD bot about 125 JPY...not long ago...today it's 114, primarily as a result of recent BOJ action. Ditto EURUSD...1.08, now, 1.125
ZH refers to it (JPYUSD) as the, I think, the ultimate carry trade - which I don't claim to understand, the "carry trade". More importantly, Yellen's prepared remarks released at 8:30 am Wed US ET, which is 12:30 am our time tonight. Very soon . I'll be up for it. They will be probably published here: http://www.federalreserve.gov/newsevents/default.htm
or here: http://www.federalreserve.gov/whatsnext.htm
or close by on that site (Statements, Prepared remarks, etc.....should be blindingly obvious). Whatever she says will have an impact, even if its a non event.
And someone (probably me) will publish it on this Board, as a new thread.
I remember these 2 day Testimony in Congress, used to be called Humphrey Hawkins Testimony, but that's ancient history. But that's the name.
But the prepared remarks to be pre- released as I've stated above.
We need some help here...POG languishing and AUD rising, and our opponents doing their best to keep POG down.