Conservatively Longing becuz u never know...EU..?
BoJ Governor Kuroda: Financial system is maintaining stability -CPI- expected to be slightly negative or around 0% for time being. To maintain QQE with negative interest rates for as long as necessary. Will add stimulus via cutting rates or boosting QE if needed. Keep an eye out for China news
Note
JPY dropped once markets heard Japan PM Abe's comment about stimulus preparation being implemented ASAP & Former FED Chairman Bernanke 2 meet with BOJ 2day.Note
BOJ Cut inflation forecast ! theglobeandmail.com/report-on-business/international-business/asian-pacific-business/japan-government-to-cut-inflation-forecasts-gloomier-on-outlook-than-boj/article30880639/ Do read below, my last comment 2 know Why JPY shot downNote
Important article .. also I'll update Jpy news on this chart since there are 2 up here already. bloomberg.com/news/articles/2016-07-13/japan-cuts-growth-cpi-forecasts-as-pressure-mounts-on-abenomicsNote
exited with + 624 pips. next week is troubling with Eur & Gbp statements. will look 2 buy again next weekNote
2nd run watch for further details from Abe <deleted>Note
2nd run, conservatively bought at 116.3 ****
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