digitalvynil
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Just so you know, I am from the US..so forgive me if I do not know what is going on over in Japan or the EU
I was just curious as to why the Dollar has not gained significant strength against the Yen. Sterling, EUR, and CHF are have all lost ground...but the Yen is doing something completely different. Is it bound for a serious rally...
What other forces are at play here?
Thnx doods
To add: I realize that we have had a serious increase in strength from earlier this year when the Yen was around 95 per dollar...but with the huge correction in commodities and the somewhat positive GDP/economic information...I was just expecting a huge jump.
Would it be safe to go long here at 108? Could we see 114 -120 in the next 6 months?
I was just curious as to why the Dollar has not gained significant strength against the Yen. Sterling, EUR, and CHF are have all lost ground...but the Yen is doing something completely different. Is it bound for a serious rally...
What other forces are at play here?
Thnx doods
To add: I realize that we have had a serious increase in strength from earlier this year when the Yen was around 95 per dollar...but with the huge correction in commodities and the somewhat positive GDP/economic information...I was just expecting a huge jump.
Would it be safe to go long here at 108? Could we see 114 -120 in the next 6 months?
