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Tom Guttenberger
$
FXY
- this level of volatility in the yen seems pretty hard to imagine considering stability of bond market. Sell puts maybe.
Mar 8, 10:33 AM
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Hypnos7
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Yen busting above 95/dollar is very significant -- traders reckon BOJ will follow through on 2% inflation target. No edge over the dollar.
Mar 8, 10:43 AM
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Hypnos7
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Given the structural problems in the Japanese economy, there's no bottom apparent.
Mar 8, 10:44 AM
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Tom Guttenberger
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Yes, apartently not. I personally would like to understand their trade situation with China more thoroughly.
Mar 8, 11:53 AM
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