What does everyone think will happen to the JPY in terms of Japan bank intervention?

Discussion in 'Trading' started by jaywiddison, Sep 2, 2011.

  1. jaywiddison

    jaywiddison

    The JPY seems to be doomed with all the silly things they are doing to stimulate their economy, manage their debt, and effectively value the Yen. It seems to be a real stalemate, not only for Japan, but for the global economy. Any thoughts? Thanks.
     
    #1     Sep 2, 2011
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  2. Roark

    Roark

    Lots of people have went bust shorting JPY against USD. You might as well lose some money too.
     
    #2     Sep 3, 2011
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  3. SnakeEYE

    SnakeEYE

    Always wondered,why people bother with JY???Drop this caca and find something that you can do tango with!!!
     
    #3     Sep 3, 2011
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  4. macroman

    macroman

    i love jpy. my first forex trade was usdjpy and nailed 100%. Beginner luck.

    Bank intervention.... not worth selling jpy. And not buying. Do something else. Japs are too smart, contra to popular belief.
     
    #4     Sep 3, 2011
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