Yen Exchange Rate Watch

Ruriel

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depends on what shinzo and yellen going to say. i asked here before and saw many people asking. my opinion is if anyone knew what's going to happen in the future then they would be profiting from it already. if you want to hedge, just trade in partial amounts maybe 30-30-40 if your office near arcade, or 50-50 like me.

or u can be like my friend who doesn't really care, he's going to exchange just before leaving for japan. save the trouble of worrying, and who knows, maybe it's going to be cheapest at that time, and can laugh at me :s13:

I got a colleague who told me if I'm worried the fluctuations and not sure when is the best time to change, just change bit by bit every month so that at the end you get the "average" rate.... :s13:
 

s7460597

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it keep going up. hope it is slowly but surely.

Usd had strengthened a little in anticipation of Yellen raising interest rates this month. If raised expect yen to weaken further but if there's delay usd will fall.
 

lcpteck

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Usd had strengthened a little in anticipation of Yellen raising interest rates this month. If raised expect yen to weaken further but if there's delay usd will fall.

USD need to go up higher like last time 1.4x of SGD!
 

cancer81

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the Yen is often used as a carrier currency for USD trade

USD raises are often linked with JPY going a bit down... any further and it will be too technical for me to explain :)
 

buzzmario

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the Yen is often used as a carrier currency for USD trade

USD raises are often linked with JPY going a bit down... any further and it will be too technical for me to explain :)

can make it simple?:D just tell in 2 months time yen up or down?:s13::s13:
 

cancer81

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depends on the rate hike

if market wait until neck long then it will probably revert back. What I would suggest abt this is to do your business when you can accept the rate
 

s7460597

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Confidence of rate hike in September by the feds have gone down to 22% in a survey. Both feds and boj have meetings 21 sep.
 
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