Again, 250 to 239, and 123.87 to 118 is the same to you?

Is This The End of the Yen Carry Trade?

Agreed, every bull run, in order to take its course requires a healthy correction.

Is This The End of the Yen Carry Trade?

From 250 to 239.90 and from 123.87 to 118.54. How is that the same? Or are you looking at some other mathematical equation?

Is This The End of the Yen Carry Trade?

Exactly. Which is why I don't believe we've seen the end of this carry trade correction. I think that we also need to realize that these pairs are so sky high that even a 500-1000 pip correction would still leave many pairs at multi decade highs.

Is This The End of the Yen Carry Trade?

Thanks for the correction, I meant 119.15 haven't had my coffee yet

USD/JPY Discussion

119.50 is my initial target

USD/JPY Discussion

Europe's buying yen, could be short lived but we shall have to wait and see.

USD/JPY Discussion

Actually the simple answer is that the rate increase profile of the US is far less bullish, and has been for some time now, than that of the BoE, RBA and RBNZ. So you could make the case that the 300 pip drop in USD/JPY is just as significant as the ...

Is This The End of the Yen Carry Trade?

Friend of mine is in since 107. FYI small retrace now, not nearly 100 pips, again better short levels imvho. I think this pair's gonna tank brutally. What will be interesting is to see what, if any, effect the Japanese elections will have.

Aussie Pairs

The Aud/Jpy is headed to at least 98 before any retracement.

Aussie Pairs

Looking at the charts the AUD is on a tremendous run, what i should've said is that even if it hits 80 it would still be at a yearly high or multidecade high. So my thinking is that it will hit that level before markets start to seriously consider ...

Aussie Pairs

The AUD should be around 80 versus the USD. FWIW Aud/Jpy just hit 1st fibo level at 23

Aussie Pairs

It's at 8503, so 8500 is gone. There's some rumor of AUD/USD intervention.

Aussie Pairs

If you look at GBP, NZD, and AUD vs the JPY they're all overpriced so to speak versus the JPY. So we could arguably see 1000 pips drop in those pairs and still see it at very high levels. The carry trade will not end not versus the AUD in my ...

End of Carry Trade

So what are you saying?

USDCAD trend reversal?

That chart gives me a headache. All I know is what TraderKGB said, the only stable pair to me is the USD/JPY because that hasn't moved in such outlandish fashion. The AUD, NZD and GBP could all drop around 500 pips and still be at all time highs. ...

USD/JPY Discussion

A close friend of mine trades a large account, currenex, and he hasn't moved the market trading 2000 lots. He says it also depends on the pair and market liquidity. Again, his words not mine. From another friend at Deutsche I've been told it takes ...

Does 100 lots move the market?

Bravado, We're heading to great levels for longs. Afterall what really changed in terms of the fundamental interest rate spread difference btw RBA and BoJ. Plus many are forgetting that the RBA still has a tightening bias.

Aussie Pairs

We're headed to 101.00 in AUD/JPY

Aussie Pairs

Headed Downtown, with a pocketfull of pips

NZD/USD, CAD/JPY, EUR/AUD, GBP/CHF, falling off the cliff together--