JPY at end of trend?

Commercials - bullish 32% down 3%
Large Specs - bullish 79% up 2%
Small Specs - bullish 53% up 3%

Open interest hardly changed.
 
USD Index: Large Specs have increased Long positions at ~x2 Short increase. Commercials didn't increase Short positions, but reduced Long positions.
 
Message from Toyota to the Japanese government: “Do something, or we leave."

http://www.ft.com/cms/s/0/23b466de-e8af-11df-a383-00144feab49a.html

Now before the contingent that hasn’t passed currencies 101 yells “currency manipulation,” here a short primer. There is “currency manipulation,” there is “quantitative easing,” and there is “central bank intervention.” Just like with terrorists and freedom fighters, it depends on which side you are on. Maybe the Japanese should ask Bernanke on how to weaken a currency. He’s quite good at it at the moment. Recently, the stronger yen was a function of the weaker dollar.



http://www.thetruthaboutcars.com/20...overnment-if-the-yen-gets-any-stronger-we-go/
 
Quote from JSSPMK:

IMO providing QE2 is not bumped up I say UJ to 88-90 within 6 months. AS are you taking the other side UJ to 72 within next 6 months?
More...

How shall I know what will happening in 6 month ? :confused:

Ask me what will happen in the next 8 hours and I may take an informed "guess"...;=)
 
Implied Volatility (1wk) on USD-based Majors: EUR (13.40%); GBP (10.52); JPY (9.70); CHF (12.30); CAD (9.80); AUD (13.43); NZD (13.52).

I adore vola... :)
 
Quote from JSSPMK:

USD Index: Large Specs have increased Long positions at ~x2 Short increase. Commercials didn't increase Short positions, but reduced Long positions.
More...

So what. Are you seriously going to base your decisions on the USD based on the COT report? Maybe for some commodities, but for USD? Look at the graph and tell me how it has any indicative value of where the currency is headed.
 
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