Japanese 'carry trade' the culprit apparently.
Like a smaller version of the GFC central bank asset inflation practices of cheap money but the cheap money becoming more expensive. BOJ went from 0 > .25 other week causing strength in yen (loans denominated in yen) so supply side cost of capital escalating causing asset sales (BTC, Tech, AI etc) to pay back loans by buying more yen causing further demand for yen.
My sources suggesting problem no where as big as GFC asset inflation unwind but my sources are tracking 50;50 atm, all gets down to commonsense, if your buying or selling do it for a good rational reason not emotional noise.
- Forums
- ASX - Day Trading
- Day trading pre-market open August 6
Japanese 'carry trade' the culprit apparently. Like a smaller...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online