BelaOthello

Why Did EUR/JPY Hit a Record High?

Well Ms. Lien, you almost had something. As you can see your prediction of the EURJPY hitting over 175 before the year end couldn't be farther from the reality of it hitting the lows from 2001 at 113.71. The issue is the Yen Carry Trade and someone needs to report this correctly. The solution to stablizing the markets short term is simply devaluing the YEN. Look what happened to the markets after the G7 made a strange remark directed at Japan around Oct. 28th without even a meeting being set. The Dow rallied 900 plus points afterwards.

Reverse Carry Trade Borrowing Proves Deadly

Thank God!!!! Someone finally got it right out there in the land of the news!!!!! This is the issue! I can't believe Cramer tried to explain the market with a rope and futures and fundamentals taking turns winning out on alternating days. Good job for finally getting it right. Maybe add a chart that illustrates how the Euro Yen tracks the movement of our QQQQ almost identically but inversely and then explain why because of how the margin calls work on the Yen carry trade. Headlines should read...GLOBAL MARGIN CALL!!!!!!!!!!! WHO CAN HELP?