↗ USDJPY Back up (at 149.100)

41
⚠️ BREAKING:

*DOLLAR/YEN BACK UP AT 149, ERASING THE DECLINE SEEN AFTER SUSPECTED FX INTERVENTION
Breaking Market News ⚡️ @financialjuice
14m
JAPAN'S PM KISHIDA: THE GOVERNMENT WILL TAKE APPROPRIATE ACTION VS EXCESSIVE FX VOLATILITY.
Breaking Market News ⚡️ @financialjuice
15m
JAPAN'S PM KISHIDA: WE CANNOT TOLERATE EXCESSIVE FOREX MOVES BASED ON SPECULATION.
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Jedidiah


Re: JPY news

43
Now it's time to wait for volatility to appear, harvest pips
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boytoy
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

LikeRe: ↗ USDJPY Back up (at 149.100)

44
honje19960321 wrote: Mon Oct 24, 2022 7:26 pm Now it's time to wait for volatility to appear, harvest pips
Yeah, USDJPY is about to explode. Let's see where it goes after New York session 😅

I'm only looking for longs on this pair (trading into the Weekly chart's direction). Imagine if BOJ intervened again today hahaha fuck that.
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Jedidiah
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Re: ↗ USDJPY Back up (at 149.100)

45
The BOJ are using foreign currency reserves (USD) to buy Yen to force USDJPY down, but traders are just seeing this as a dip in USDJPY to buy.

These repeated pumps are costing BoJ a lot of money and it's not working. My money is on the traders winning in the end.

But remember Japan has to import all it's oil which is paid for in USD, so no matter what, things are getting very expensive for the govt.
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Jedidiah


Re: JPY news

48
:Rofl:



zerohedge @zerohedge
16m
BOJ generously providing dip buying opportunities twice a day now while blowing through tens of billions.


zerohedge @zerohedge
2m
Japan no longer admitting to FX interventions as it is ashamed by the epic disaster these have become
These users thanked the author Ogee for the post (total 3):
Jedidiah, boytoy, Jimmy

QuestionRe: JPY news

49
Ogee wrote: Mon Oct 24, 2022 11:20 pm :Rofl:
zerohedge @zerohedge
16m
BOJ generously providing dip buying opportunities twice a day now while blowing through tens of billions.


zerohedge @zerohedge
2m
Japan no longer admitting to FX interventions as it is ashamed by the epic disaster these have become
Dropkicks these BOJ guys. I did notice USDJPY spike down again in today's session and thought huh?


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