SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: gregor_us who wrote (2938)1/15/2008 10:58:06 AM
From: gregor_us  Read Replies (2) of 71475
 
Congratulations to JPY Longs. We Have Busted Through Some

key levels.

To the extent the JPY can latch on to all the good reasons for continued strength, which I talked about here:( Message 24128642 ) then this USD/JPY move has further to go. And would also be sustained. However, as I also mentioned in the above post, the long shadow of the BOJ is always poised to strike.

I'm not involved in the JPY in any way. I stand aside. But like many, I watch it like a hawk. My favored currencies remain CAD, AUD, and CHF. Pretty much in that order.

Gregor
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext