a former or ex BOJ official said about a week ago that a return to equilibrium for usdjpy would be in the 90-100 range. The market would likely settle at 95 for obvious reasons, but the Italian elections have thrown everything off for now.
Peter
a former or ex BOJ official said about a week ago that a return to equilibrium for usdjpy would be in the 90-100 range. The market would likely settle at 95 for obvious reasons, but the Italian elections have thrown everything off for now.
Peter
What he said ^
I think that this may actually be the bottom after all that panic yesterday and we may see USD/JPY start to push higher today. It seems to be hovering around the 91.90 mark..
If this is not the bottom, would you get out, or would you stay in until you get 95 ?
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