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Old 14-02-2018, 11:24 AM   #28
siaoboh
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Join Date: Jun 2007
Posts: 4,154
Chua sai liao or not?

My JPY cash holdings in trading account helped to cushion a bit with the USD weakness.

Those who are USD bullish bias please hold your hands together and pray that US CPI Data is beyond expectations so can shoot up hahaha.
very hard to say if based solely on a fundamental data leh.

if its forecasted its already priced in - to a extend, and if it beat, then maybe you get some bullish action, but it is expected to get better due to rate hikes.. however if it disappoint, sellers will be vicious. they already broken on many fronts leaving nothing but price vacuum.


anyway, this week COT data should be telling of the JPY. shes been short since end Q2 last year.
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Last edited by siaoboh; 14-02-2018 at 11:28 AM..
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