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ricardo1959

ricardo1959
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  • Week In FX Asia: Abenomics - Investors' Reckoning Fueled By Hope [View article]
    110 in Jan 2014
    Sep 14 06:35 AM | Likes Like |Link to Comment
  • When crowded trades go bad: Investors don't wait until Tokyo to sell Japan - Nikkei futures tumble 3.5% as the yen flies higher, now at ¥96.76 and in two weeks erasing two months worth of gains in dollar/yen. The Nikkei has returned to its early April level as well. The unhedged EWJ falls 0.9%, while this year's hottest ETF, the hedged Japan fund (DXJ), slides 3%, now up only 16.5% YTD. [View news story]
    In Dec 2013 lets see how the yen is....my prediction 140 euros to 1 yen and 110 dollar
    Jun 6 05:30 PM | Likes Like |Link to Comment
  • Yen At 100.00: Would That Be Enough? [View article]
    yen at 140 to the Euro at the end of 2013 !!
    Feb 12 12:36 PM | Likes Like |Link to Comment
  • Once again (previous) for the Japan stock bulls/yen bears - many factors are on your side, but contrary opinion isn't one of them. Add Goldman to the list believing the world has changed. It's picking up shares of exporters and banks in hopes the government will truly force yen devaluation. Tokyo gained another 0.7% overnight, and the dollar is at a 2-year high of ¥86.07. [View news story]
    Next target 123 euro/ Yen
    Dec 28 08:06 AM | Likes Like |Link to Comment
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