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Still a #yen obsessive but USD/JPY at 82.75 w/o intervention makes you think Japan must be waiting to make its case at IMF/WB/G20
DB on FX: “This is not a currency war it’s a currency pantomime.” Indeed… #forex
DB on the #BOJ: “The first concern is the small size of the new asset-purchase program…only ¥5trn of asset purchases very small for QE”
Hmm only 5 trln yen RT @ericbeebo: Now this is QE…RTRS-BOJ’S PROPOSED FUND AIMED AT BUYING JGBS, CPS, CORPORATE BONDS, ETFS, J-REITS
Now this is QE…RTRS-BOJ’S PROPOSED FUND AIMED AT BUYING JGBS, CPS, CORPORATE BONDS, ETFS, J-REITS
No RBA hike and Nov meet coincides with Melbourne Cup, so maybe hold until 2011. But those rates are still going to attract #forex
More USD short-covering may be in store, depending on BOJ/RBA. BOJ disappointment not clear-cut JPY positive now. EUR testing lower #forex
Cool RT @enlightenedwall: Khan Academy- Getting a Seed Round from a VC http://bit.ly/9pGPtJ
Looks like USD short-covering picking up steam here
Great suggestion @FareedGPSCNN http://bit.ly/tumDj
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