Usd/jpy

fwiw now that this 25bp increase is behind us, i'd expect some renewed yen weakness across the board over the next couple of weeks, at least until BoJ provides any indication as to when the next hike is likely to be (6 mths likely)... topix shld do fine though economy's doing well - unless oil shld continue to be an issue...

 

Could well be that Ben will hike before BoJ and increase the carry attractiveness.

 

typo...

dude don't be a pig, 5% carry's not bad hey ;-)

 

Sitting on good unrealised profit after getting short USD/JPY on july 26/27- and am planning to let it run through the economic data tonight (sunday July 30 750ET)...although i'm unsure of what the data will bring i think we will see continued strength in the JPY...

anyone have any reasons why i should not hold through Industrial PMI etc.?

 

Trying to break the 118.00 mark, and failed.
Is anyone short this pair right now?

Take care,
-Kastro

 

I just shorted this pair half way through the pullback.

Anyone else short?

 

Trading around 116.22 right now...I'd be long here if anything. However, I can also see reasons why I'd want to be short, so for now I'll sit out.