There was a Global-View member. a bank trader working for Japanese bank who gave the JPY a nickname I never forgot. He called the JPY “The Devil “  The reason, as he said was because “the YEN...
Let’s start with the assumption that the MoF/BoJ have reached their point of pain. I am not saying this is the case but it pays to be on intervention alert. After looking at this chart from Friday...
After weeks of so many speculations and questions : “ Is BoJ going to intervene and where “ we got a simple answer – NO Even if Boj did some undercover work and used lots of senseless...
Many new traders have not experienced intervention and even those who have traded on this event, it pays to have a refresher to see which type tends to be most effective. I call it an intervention primer. With...
Trading the news, either right before or right after it, can be both risky and profitable. As a result, retail forex traders seem to have a love/hate relationship with trading after economic data or other key news...
All eyes are on the Bank of Japan next week and whether it finally ends the era of negative rates at its March 18-19 meeting. By any sense of logic, the BoJ would have acted pre-emptively exited...
Markets move when there is a surprise. A long-awaited Bank of Japan rate hike, which would end the era of negative interest rates, would not be a market surprise. The only thing left is timing, either at next...