interesting action in USD/JPY past few days

[empee]

.. is it presaging things to come? Or has the link been severed?

Carry still works, maybe not as well.

 

[atticus]

Last few days? The thing dropped 200 overnight. Swap trends trump equity correlation.

 

[S2007S]

once the carry trade is done with say goodbye to this bullmarket.

 

[datamerc]

Lucky for me the ~116.50 area has been good resistance! God Bless the JPY!

 

[kalzayani]

selling here usd/jpy 115.07 115.35 and 115.89

 

[makloda]

Interesting? Frustrating for me. I have been whipsawed and bitchslapped like a little fat kid, both on the short and long side. Right now long JPY futures and about to get stopped out again. Time to reverse again

 

[ASusilovic]

I am long USD ! I like Greenback ! Should buy some more ! Gonna fly for Christmas over to U.S for bargain hunting on Wall Street and 5th Avenue...

 

[makloda]

Quote from ASusilovic:
I am long USD ! I like Greenback ! Should buy some more ! Gonna fly for Christmas over to U.S for bargain hunting on Wall Street and 5th Avenue...

I hear there are many arbitrage opportunities out there now.

-Buy a brand new 5 BMW, transport it to Europe, pay shipping, import and VAT and still pocket 20% profits. Nice.
-Buy a Breitling or Rolex in NY and sell it on Ebay in Europe for a quick 10%.

 

[ASusilovic]

Quote from makloda:

I hear there are many arbitrage opportunities out there now.

-Buy a brand new 5 BMW, transport it to Europe, pay shipping, import and VAT and still pocket 20% profits. Nice.
-Buy a Breitling or Rolex in NY and sell it on Ebay in Europe for a quick 10%.

Heard about I can buy with my EUR 40 % more GS, JPM, MS, BSC, LEH, MER, WB shares. That true ???

 

[makloda]

Quote from ASusilovic:
Heard about I can buy with my EUR 40 % more GS, JPM, MS, BSC, LEH, MER, WB shares. That true ???

Only if you have too much money