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mr_mirror
Oct 21, 2022 9:51 AM

Has USDJPY gone ballistic already? Long

US Dollar vs Japanese YenPepperstone

Description

It looks like USDJPY is spiraling out of control.

As government bonds 10y interest is artificially kept under a given level, and given inflation expectatios, usdjpy explodes.

BoJ is not able to stop the rise, except for some short-lived attempts. This attracts speculators for easy money, driving further up usdjpy, more inflation, more yield curve control, more printes, up usdpy, more inflation...

Despite formal statements by minister Suzuki, ot seems that nobody is able to stop this long term bull run from exploding.



Comments
TMilto
Error )))))
sandisblumbergs
jpy inflation is even less then was planning,last news 😁
i wait for good correction soon 👌
SCHOLARHIGHLAND
They should ban some of you for this deceptive idea you drop
SCHOLARHIGHLAND
You people don’t think b4 dropping your idea? Is it possible for a candlestick to just go up without levels? You can do better
SCHOLARHIGHLAND
Drinking must be ur hobby
JoeChampion
I will be monitoring to buy dip! thanks
mr_mirror
😇
Kuroda's hammer was effective, I paid my dues lol.

short lived though, 151 again in one week or so. also deviation from ballistic line in chart is still acceptable, please remember it is 1M (month) timeframe :-)
mr_mirror
ok Kuroda!
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