- Search Energy EXCH
-
Joey Zazza replied Aug 10, 2011I agree, come on Yen, go down and weaken against the dollar, back to 360 as it was 50 years ago.
USD/JPY Discussion
-
Joey Zazza replied Aug 10, 2011Imagine how bad the drop will be exacerbated if Noda doesn't support, there would be a huge "long squeeze" downward
USD/JPY Discussion
-
Joey Zazza replied Aug 10, 2011Speculation speculation, but does anyone think that perhaps the next intervention can have more cooperation from other G7 countries? It seems that the Swiss and Japanese are on the same side here, while maybe the USA and Euro-zone can be defensive ...
USD/JPY Discussion
-
Joey Zazza replied Aug 10, 2011Where do you see this and why are you suspicious of it?
USD/JPY Discussion
-
Joey Zazza replied Aug 10, 2011But let me bring this to you, the Japanese are currently doing their own QE, not just with the Yen intervention but also with asset purchasing and increasing the money supply. The U.S. is not following through with QE3 for the time being. Massive ...
USD/JPY Discussion
-
Joey Zazza replied Aug 10, 2011I read a report somewhere that Japan was engaged in interventions of massive sizes in the first quarter of 2004, looking for the link again now.
USD/JPY Discussion
-
Joey Zazza replied Aug 10, 2011Yeah, I feel that they've already made this mistake with the 80 price point, they should have defended the 80 price point with an unlimited amount of orders. I mean, technically, doesn't a central bank have infinite power to devalue their currency ...
USD/JPY Discussion
-
Joey Zazza replied Aug 10, 2011But I think you're missing the fundamental picture, if the BoJ wants to have any last chance at having any firepower left for intervention, they're going to defend 76.24, if they let that break though they will have lost all power because we'll go ...
USD/JPY Discussion
-
Joey Zazza replied Aug 6, 2011Anyone have a contrarian view and think we will have the yen weaken further here or is this downgrade the nail in.the coffin for lower 70s?
USD/JPY Discussion