Morgan Stanley Sees 34% Chance For JPY Intervention Risk, Sees Yen At 101 By End Of 2010

Tyler Durden's picture

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Cursive's picture

If JPY continues at the pace it is on this early morning, it'll be at 101 by year end.

mdtrader's picture

Yeah I was thinking that. David Roche said the other day that when the dollar carry breaks the Yen will fall 5% on day 1, 5% on day 2, and 5% on day 3. That would be fun!

ED's picture

Ah - currency management 101. maybe there'll be some currency-crisis respite afterall.

10044's picture

Yeah? Wait till Benny starts printing again to make sure JPY never gets there. I read on AP last night that bozos in the house passed 1.3t (that's Trillion with t!) Spending spree. What a bunch of f'ing morons.
C'mon HR1207, end this circus

Grand Supercycle's picture


USDJPY daily chart has just commenced it's uptrend.

It's bullish now.

Anonymous's picture

JPY will continue to rise, price target approximately 80...

The EURO will fall together, which will then take EURJPY to about 100...

I didnt say this would be beautiful