Wed, Mar 10 2010, 12:17 GMT
by FXMarketAlerts Team
FXMarketAlerts | View company’s profile
Published at 12:10 (GMT) 10 Mar
As our colleague Ben Levett wrote earlier, the Reuters source story about a possible BoJ ease at the monetary policy meeting next week is plausible, if only because they do need to roll over their 3 month opps! But though the impact has been to see a weaker JPY, it is perhaps a little bit of a surprise that Reuters didn’t make more of a splash with it! At the same time we also note reports of exporter offers beginning at 90.50, and becoming larger nearer to 91, and on this basis, we may need somewhat more of a catalyst to keep the rate moving. In the meantime more important from a technical point of view is the 90.68 March 8 high, and a break of that could well trigger stoploss buy orders. C.F.
Published on Wed, Mar 10 2010, 12:21 GMT
Archive
- USD/JPY, EUR/JPY Flows – Small splash from BoJ story
Published On Wed, Mar 10 2010, 12:17 GMT - EUR/GBP, GBP/USD Flows – Bounce reversed as IndProd disappoints
Published On Wed, Mar 10 2010, 09:55 GMT - Chart EUR/NOK Update: Even for now
Published On Wed, Mar 10 2010, 09:04 GMT - Flows – USD/TWD pressured; CBC using OMO to drain excess liquidity
Published On Wed, Mar 10 2010, 06:59 GMT - EUR/USD, EUR/GBP Flows – EUR eye more from Greece’s 3 GPs – PM, Finmin, George Ps
Published On Wed, Mar 10 2010, 06:45 GMT
[ View All ]
Legal disclaimer and risk disclosure
Copyright and other intellectual property rights in the material in this report belong to FXMarketAlerts, 4Cast Limited, 4Cast Inc and/or Forecast pte (“4Cast”). The material shall not, under any circumstances, be reproduced or distributed in whole or part without the prior written consent of 4Cast.
The material in this report is based upon information which 4Cast considers to be reliable and the analysis and opinion in the material represents the view of 4Cast at the time of transmission (unless stated otherwise). Such analysis and opinion is subject to change without notice. The material is intended for use by parties knowledgeable and experienced in the financial sector and is only one source amongst others to be considered in carrying on their business or activity.
ACCORDINGLY 4CAST MAKES NO REPRESENTATION OR WARRANTY EXPRESS OR IMPLIED STATUTORY OR OTHERWISE (INCLUDING BUT NOT LIMITED TO) THE ACCURACY OF THE MATERIAL IN THIS EMAIL AND ON THE WEBSITE OR THE FITNESS FOR PURPOSE AND ALL SUCH REPRESENTATIONS AND WARRANTIES ARE HEREBY EXPRESSLY EXCLUDED.
4Cast does not give or purport to give investment advice. Any action taken by users on the basis of material on this website is entirely at their own risk. Independent investment advice should be sought where appropriate.
This email and the website may link to or be linked to other internet sites. 4Cast does not accept responsibility for the content of such other sites.
4Cast’s terms and conditions of business apply to all fee paying subscribers and authorised trial users.
View Full Disclaimer
