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United States Dollar vs Japanese Yen

United States Dollar vs Japanese Yen (USDJPY)

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Updated: 15:08:50

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Bountiful_Harvest Bountiful_Harvest 3 months ago
The Yen Carry Trade Is Not Unwound and Should Concern Everyone

"...Knowing whatโ€™s left after the summer selloff is a challenge in part because no one is keeping track.

Thereโ€™s no trading floor or regulator. No one publishes a league table. Itโ€™s a strategy, not a product, so it largely defies precise measurement.

โ€œYou don't have to report your carry trade to anyone.

There's no lodging authority. In fact, it might be just simmering beneath, nobody knows,โ€ said Lawrence Loh, professor of strategy and policy, National University of Singapore...."

https://japantimes.co.jp/business/2024/10/02/markets/carry-trade-focus/

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Bountiful_Harvest Bountiful_Harvest 3 months ago

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Bountiful_Harvest Bountiful_Harvest 3 months ago
Japanese stocks will likely tumble on Monday after Shigeru Ishibaโ€™s surprise victory in the ruling partyโ€™s leadership race raised expectations that interest rates will rise:

https://www.bloomberg.com/news/articles/2024-09-29/japan-stocks-set-to-fall-on-rate-hike-fears-after-ishiba-s-win?utm_content=markets&utm_campaign=socialflow-organic&utm_source=twitter&cmpid%3D=socialflow-twitter-markets&utm_medium=social
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Bountiful_Harvest Bountiful_Harvest 3 months ago
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Bountiful_Harvest Bountiful_Harvest 3 months ago
@DarioCpx
Knock knock

Whoโ€™s there?

$JPY carry trade forced unwinding sir

Call Janet 👀
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Bountiful_Harvest Bountiful_Harvest 3 months ago
The BoJ now faces a dilemma: Do they protect the Yen with higher interest rates? Or protect the Japanese government bond market with lower rates.

They cannot do both.

https://www.zerohedge.com/markets/yen-carry-trade
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Bountiful_Harvest Bountiful_Harvest 3 months ago
Things could get dicey this week. The Fed just set up for another collision with the BOJ (Thursday evening U.S.). Oh, then there's Beijing...



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Bountiful_Harvest Bountiful_Harvest 3 months ago
@DarioCpx
This is all that matters to the #FED right now despite the market pretends to ignore it, whatever they do tomorrow rest assured they wonโ€™t allow $DXY to fall further because if they lose control of the inflation narrative they lose control of the long end of the curve, banks losses will expand further and it will be game over for the US economy

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Bountiful_Harvest Bountiful_Harvest 3 months ago
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Bountiful_Harvest Bountiful_Harvest 3 months ago
👀

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Bountiful_Harvest Bountiful_Harvest 3 months ago
Very little talk about the JPY these days, but this one continues taking out big levels.

https://www.zerohedge.com/the-market-ear/3-jpy-charts-we-are-watching

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Bountiful_Harvest Bountiful_Harvest 3 months ago
Japan will panic again.

They sucked everyone in and turned EVERYONE BULLISH VERY QUICKLY.

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Bountiful_Harvest Bountiful_Harvest 3 months ago
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Bountiful_Harvest Bountiful_Harvest 4 months ago
BOJ's Tamura Calls for Raising Rates to at Least 1%

https://money.usnews.com/investing/news/articles/2024-09-11/bojs-tamura-calls-for-raising-rates-to-at-least-1
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Bountiful_Harvest Bountiful_Harvest 4 months ago
@DarioCpx
US NFP misses, $JPY moved ~2 big figures in a matter of SECONDS 😳

Whatโ€™s happening is beyond any tail risk scenario ever conceived in risk models and an amount of leverage of biblical size is attached to this specific currency

⚠️This is bad, very bad🙈

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Bountiful_Harvest Bountiful_Harvest 4 months ago
USDJPY just crashed down to the August lows.

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Bountiful_Harvest Bountiful_Harvest 4 months ago
The Japanese yen still poses โ€˜a very big riskโ€™ to global markets. Hereโ€™s why:

https://www.marketwatch.com/story/the-japanese-yen-still-poses-a-very-big-risk-to-global-markets-heres-why-f0e949b5?mod=bnbh
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Bountiful_Harvest Bountiful_Harvest 4 months ago
Dollar Global Margin Call In Progress:

https://www.financial-reality.com/post/dollar-global-margin-call-in-progress
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Bountiful_Harvest Bountiful_Harvest 4 months ago
The Great Japanese Carry Trade Unwinding 2.0:

Catalysts for "Forced" Selling:

- Currency Risk.
- interest Rate Risk.
- Credit Risk.
- Liquidity Risk.

Lower highs is of real concern.

Falls away here, and it won't be pretty.

@great_martis
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Bountiful_Harvest Bountiful_Harvest 4 months ago
Another Japanese Yen market shock is coming warns T. Rowe Price:

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Bountiful_Harvest Bountiful_Harvest 4 months ago
โ€˜Strap Inโ€™โ€”Fed Suddenly Braced For A U.S. Dollar โ€˜Crisisโ€™ Thatโ€™s Predicted To Spark โ€˜Total Collapseโ€™ And A โ€˜Criticalโ€™ Bitcoin Price โ€˜Tipping Pointโ€™

https://www.forbes.com/sites/digital-assets/2024/09/02/strap-in-september-fed-us-dollar-crisis-predicted-to-spark-total-collapse-and-a-critical-bitcoin-price-tipping-point/
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Bountiful_Harvest Bountiful_Harvest 4 months ago
Japan in real trouble.

Japan is about to receive a historical lesson from the bond market.

@great_martis
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Bountiful_Harvest Bountiful_Harvest 4 months ago
https://finance.yahoo.com/quote/JPY%3DX/
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Bountiful_Harvest Bountiful_Harvest 4 months ago
Powell summary:

Confirms Sept rate cut
Does not indicate whether 25bps or 50bps;
As such the August payrolls report will be critical

Mac10: "Last night, Ueda was hawkish saying more rate hikes are coming. And this morning Powell and the other Fed members were ultra dovish saying rate cuts are coming."

Perfect conditions for the biggest crash in history.

JDario: "A kind reminder to all those currently cheering at Jerome Burns words" 👇🏻

https://justdario.com/2024/08/if-the-fed-cuts-rates-the-damages-will-be-far-greater-than-the-benefits/

Mac10chart
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Bountiful_Harvest Bountiful_Harvest 4 months ago
BOJโ€™s Ueda Is Set to Face Intense Scrutiny After Market Chaos:

https://finance.yahoo.com/news/boj-ueda-set-face-intense-223054336.html

meanwhile Powell to give a likely dovish speech at Jackson Hole...
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Bountiful_Harvest Bountiful_Harvest 4 months ago
https://justdario.com/2024/08/if-the-fed-cuts-rates-the-damages-will-be-far-greater-than-the-benefits/

SHORT TERM: BOJ is between a rock and a hard place:

🚩If JPY > ~162 vs USD = Japan economy collapses
🚩If JPY < ~145 vs USD = JPY Carry Trades hours of cards collapses

LONG TERM: JPY > 300
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Bountiful_Harvest Bountiful_Harvest 4 months ago
Did the Yen Carry Trade trigger a "Minsky Moment"?

YEN RISES; MARKETS COLLAPSE

https://ibankcoin.com/flyblog/2024/08/20/yen-rises-markets-collapse/
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nowwhat2 nowwhat2 4 months ago
Let's update that wild Monday Carry Trade Debacle !
Just how has the Yen now been doing ?


2 weeks later ;




https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=usdjpy&x=59&y=8&time=6&startdate=1%2F4%2F2020&enddate=12%2F30%2F2024&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9


Why it's almost as though those events never happened !

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Bountiful_Harvest Bountiful_Harvest 4 months ago
That's interesting. also Nikkei 37,388 -674 (-1.77%)

China, US Team Up on Contact Group to Handle โ€˜Financial Stressโ€™:

https://finance.yahoo.com/news/china-us-team-contact-group-062337240.html

all the stars pointing towards a large broker being in trouble...
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nowwhat2 nowwhat2 4 months ago
Wow look at that eh ?






I've noticed that you often post good info too.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174930534

Thanks
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nowwhat2 nowwhat2 4 months ago
1970

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Bountiful_Harvest Bountiful_Harvest 4 months ago
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Bountiful_Harvest Bountiful_Harvest 4 months ago
BOJ - Now that the JPY is back above 149 what are you going to do? Let the Nikkei enjoy a monster rally, OR intervene again to make the JPY stronger to slow down Japan's inevitable mutation into Japanezuela?

I sense another "event" is coming.

The BOJ is now trapped.
The Fed is also now trapped.
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Bountiful_Harvest Bountiful_Harvest 4 months ago
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Bountiful_Harvest Bountiful_Harvest 4 months ago
I've seen your charts on Bitcoin too. While I have mixed feelings on bitcoin, I must say you have some of the best-looking charts on ihub. Very well-prepared. That takes skill. Much better than my charts.

For viewing purposes, I do like the 3-month UDSPY chart.
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nowwhat2 nowwhat2 4 months ago



Ought to update this (these)






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Bountiful_Harvest Bountiful_Harvest 4 months ago
Many good posts by JustDario on X:
"#BOJ overnight FX manipulation desk is going to be busy 🤣"
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Bountiful_Harvest Bountiful_Harvest 5 months ago
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=USDJPY&insttype=Currency
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Maxx5 Maxx5 12 months ago
For all of your FX news and analysis
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Maxx5 Maxx5 12 months ago
Please use Forex Extra Money, Thank You!
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Maxx5 Maxx5 12 months ago
This board has been consolidated with Forex Extra Money.
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Maxx5 Maxx5 12 months ago
Yes, very true
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Velarcus Velarcus 1 year ago
BOJ is getting close to ending yield curve control. And with them having drawn a line in the sand at 150 via several currency interventions, I don't see much upside for the pair.
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Maxx5 Maxx5 1 year ago
81% of traders are net short at the moment.
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Maxx5 Maxx5 1 year ago
USD/JPY has retraced about 250 pips down to it's 50 day sma. A critical area of decision making.
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Maxx5 Maxx5 1 year ago
https://www.dailyfx.com/usd-jpy
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Maxx5 Maxx5 1 year ago
https://www.fxstreet.com/news/usd-jpy-seen-peaking-at-154-heading-into-a-december-fed-hike-cibc-202311081116
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Maxx5 Maxx5 1 year ago
The pair is powering to all time weakness levels just shy of 152.0. 151.02 at this minute. Up 1,400 pips since the first of May 2023
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Maxx5 Maxx5 1 year ago
The Ninja pair closed the day at 150.46. This pair has been on fire and at daily resistance. And historically weak for the yen. https://www.forexlive.com/news/usdjpy-tags-15000-then-rebounds-eyes-on-the-bank-of-japan-20231102/
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Maxx5 Maxx5 1 year ago
Japanese Yenhttps://tradingeconomics.com/japan/currency
Jul 13, 2013 โ€” The Japanese yen held its recent decline past 147 per dollar, approaching a 32-year low of 150 hit in October last year as the Bank of Japan is expected to keep its ultra-loose monetary policy. ..
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