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 : John Pitera's Market Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy who wrote (18173)4/29/2016 7:49:22 AM
From: John Pitera3 Recommendations

Recommended By
3bar
Hawkmoon
roguedolphin

  Read Replies (2) of 33421
 
The Yen was at this level a couple of weeks ago... what is disconcerting about the Yen is the way it jumps around.. with gaps up and down... yesterday a 3% move in 5 minutes.... any day a major currency has a 2% move it's considered a big outlier move.



the Yen has been strengthening since it broke out in early Feb. Here was the chart from then

Message 30448123

Looking at a 35 year monthly chart ... USD could weaken and the Yen here shown as it's traded interbank market with the USD as the reference currency ..... the Yen could conceivably appreciate all the way to the mid 70's in term of how many yen a US dollar buys.

Banks purposely make currencies harder to understand by using the USD for the reference currency ( the one on the left as in USD/JPY and USD/CHF, and then using the EUR/USD and GBP/USD, AUD/USD where the EUR, pound and aussie are the reference currency.

Message 30451843

And the yield curve and the different views of the currencies.... EUR/JPY has been in a risk off mode

Message 30492662

updated Japanese 10 year yield



and the 10 year German and Japanese government bond yield on the same chart



10 year EUR/JPY key cross rate



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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News