Usd/jpy

HI there,

I have been following USD/JPY for a few months i was just wondering if it will touch some ceilings of 117 or above dat?

I am Long at 114.60 and it's mingling :confused: around it these days.

Thanks

F
 
The spot prices barely moved though (?!). damn, i need a bloomberg terminal.

I haven't been trading futures forex long but i've never seen such a huge disconnect between the spot price and the futures price.
 
Quote from polpolik:

nice. futures quote was down over 2% for about 5 minutes. strange. Nice dollar run up though.
More...

This is one of the reasons that even though I watch the Yen futures, I rarely trade them. If you do a look back through daily charts, you can see numerous times when the Yen had huge daily moves that you could get whacked on if on the wrong side. I prefer the Euro as it's more diversified in my view in that there are several countries involved and less opportunity for a good stop hunting shellacking. I thought perhaps it was a bad tick, but CME is also reporting the move in their delayed data.
 
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