3 February, 11: 57
The Japanese Minister of finance, Jun Azumi warned markets today on the strengthening of the Yen, as a trade USDJPY dangerously close to 76.00. Azumi, stated that the current environment of low rates of interest in the United States grows speculators to short the USDJPY. He said that the rise of the yen has a back and he is ready to take decisive action to put an end to the increase. Once more, he noted that the Yen strengtheni of the market and take appropriate action." There is no change in my position. If there is unilateral mng is not the fundamentals of the Japanese economy. Azumi, stated, "I closely watch the movementsovement, I'll take decisive action. "Despite his comments, the USDJPY was unchanged and trading as low as 76.18 at the time of the drafting of this report.
OpenBook merchant mizogutisennri, who is also of the Japan has been exchange on both sides of the Yen. For the past two days, the trader was short the USDJPY, EURJPY and AUDJPY and taking advantage of the break in close support of 76.50. This merchant has obtained 50% to 70% of earnings by shorting these pairs. However the comments of Azumi satisfied this merchant to pass its short positions for a long time on the pairs. The trader has reserved certain benefits by going on the USDJPY today near 76.36. This merchant is up 21% so far this week.
Asian markets ended mixed on the day of broadcast non-firm data mass pay important. The Japanese Nikkei ended down 37 points, the Hang Seng ended 18 points, Shanghai index ended up 19 points and the Australian ASX S & P ended on 13 points. The OpenBook merchants are mainly long on USDJPY with limits of averader Nimfo07 which is an impressive 20.2% has been trading the EURJPY and GBPJPY USDJPY. This ges to 77.50 and stops to 76.00.OpenBook tratrader used medium risk strategies this week to press on average 10% of the gains on the Yen pairs. Dealer closed several positions in the profits today after the recent comments that the Azumi Japanese Finance Minister. This merchant has opened several long positions on USDJPY near 76.13 and out near 76.20 with gains also high that 11.8%. The operator has also obtained some quick profits goes long on GBPJPY approximately 120.51 and EURJPY around 100.08 earlier today. This merchant is attention to Azumi comments and short circuit of the Yen.
The Japanese Minister of finance, Jun Azumi warned markets today on the strengthening of the Yen, as a trade USDJPY dangerously close to 76.00. Azumi, stated that the current environment of low rates of interest in the United States grows speculators to short the USDJPY. He said that the rise of the yen has a back and he is ready to take decisive action to put an end to the increase. Once more, he noted that the Yen strengtheni of the market and take appropriate action." There is no change in my position. If there is unilateral mng is not the fundamentals of the Japanese economy. Azumi, stated, "I closely watch the movementsovement, I'll take decisive action. "Despite his comments, the USDJPY was unchanged and trading as low as 76.18 at the time of the drafting of this report.
OpenBook merchant mizogutisennri, who is also of the Japan has been exchange on both sides of the Yen. For the past two days, the trader was short the USDJPY, EURJPY and AUDJPY and taking advantage of the break in close support of 76.50. This merchant has obtained 50% to 70% of earnings by shorting these pairs. However the comments of Azumi satisfied this merchant to pass its short positions for a long time on the pairs. The trader has reserved certain benefits by going on the USDJPY today near 76.36. This merchant is up 21% so far this week.
Asian markets ended mixed on the day of broadcast non-firm data mass pay important. The Japanese Nikkei ended down 37 points, the Hang Seng ended 18 points, Shanghai index ended up 19 points and the Australian ASX S & P ended on 13 points. The OpenBook merchants are mainly long on USDJPY with limits of averader Nimfo07 which is an impressive 20.2% has been trading the EURJPY and GBPJPY USDJPY. This ges to 77.50 and stops to 76.00.OpenBook tratrader used medium risk strategies this week to press on average 10% of the gains on the Yen pairs. Dealer closed several positions in the profits today after the recent comments that the Azumi Japanese Finance Minister. This merchant has opened several long positions on USDJPY near 76.13 and out near 76.20 with gains also high that 11.8%. The operator has also obtained some quick profits goes long on GBPJPY approximately 120.51 and EURJPY around 100.08 earlier today. This merchant is attention to Azumi comments and short circuit of the Yen.
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