Tag Archives: ministry of finance

JPY can go OTP ahead of DPJ Contest

QuickJPYbullets: scope for USD/JPY to plumb/set historic lows with the most recent being 76.37. Overnight the pair reversed from a peak around 76.88 and is now at a weakly looking 76.53 triangle on hourly chart suggests 73.50 target! More sensible targets are 76.37 and … Continue reading

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How Much Yen Did Japan Buy Last Friday?

It’s still amongst the hot topics several days after it happened, understandably. Many of us would still like to know how much yen Japan’s Ministry of Finance bought in its concerted raid with G7 partners, commencing early in European trading … Continue reading

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