Dollar Yen where's it gonna base??

First higher low?
 

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They've been talking intervention lately. I'd be short until action becomes apparent.

I'm short at the moment.
 
Weren't BoJ going to intervene at 84.00 or do I remember something about only if the pair started selling off too rapidly?

Just gone long from .35 anyway... 50 pip sl
 
Well, Noda came out and said exactly nothing today, so, clearly, no intervention any time soon. I think maybe they've learned their lesson from the SNB.
 
That's what I'm thinking MG. Can't see why JPY shouldn't trade lower if equities keep taking a battering.
 
scose-no-doubt said:
You think we're gonna get much movement here before the number? :confused:
Click to expand...

I take it you mean the JPY trade balance, hard to call, there's quite a lot out today, dollar side as well...

Seems to have found A support level, but that said, it's not exactly screaming up away from it...
 
Suppose there are all sorts of seasonal adjustments that I don't know that should be taken into account but I thought house sales was a gauge of the strength of the recovery.
 
I'm gonna wait for the dust to settle after the number. I'll be short again if it hits the dow below 10k.

I don't get FI volume on my sh1tty charts. How does Canadian debt trade?

Also, why'd that happen?
 
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