JPY japanese yen
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xmas intervention coming ?

  1. chookiewookie
    1,380 Posts.
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    21/12/11
    11:19
    Post #: 9470248
    No charts at present.

    But usdjpy would appear to be a screaming buy at the moment.

    I don't trade USDJPY, it is like watching treacle on a cold day. But bottoming out, threat of more intervention coming from BofJ, and now latest trade figures are terrible.

    Rate decision this afternoon, upcoming govt approval to increase the 'war-chest' for interventions (!).

    Long-term target over 2012 would appear to be much higher than 80....


    :)

    Price at posting: 0.0000 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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