I was on CNBC Squawk Box Australia last night talking about the Australian dollar, China and Japanese Yen with Karen Cho

Posted in Australian Dollar, Japanese Yen, aud/usd, australian dollar forecast, japanese retail positioning No Comments »

I was on CNBC Power Lunch this afternoon talking about the Japanese Yen and intervention risk.

Posted in 2009 japanese yen forecast, 2010 japanese yen forecast, Japanese Yen, forex blog, japan quake yen, japanese retail positioning, japanese yen record low 1 Comment »

The sharp rise in the Japanese Yen has triggered a lot of talk of repatriation by Japanese investors and the price action of the Japanese Yen certainly suggests that this could be true, but has the earthquake really put investors offline? I did some research on this and here’s what I found:
1) The MoF publishes [...]

Posted in 2010 japanese yen forecast, Japanese Yen, forex blog, japan quake yen, japanese retail positioning No Comments »

My good friend Rhonda Staskow has posted updated charts on the positioning of Japanese retail traders transacting through TFX, one of the largest FX brokers in Japan. According to their latest data, Japanese traders are turning net long USD/JPY, EUR/JPY and GBP/JPY after being net short in March. There are no [...]

Posted in 2009 japanese yen, Japanese Yen, forex blog, japanese retail positioning 2 Comments »

We all know that Japanese traders have been obsessed with the carry trade. However given the more than 30 percent decline in many of the Yen crosses last year, many people may be wondering how many Japanese carry traders are still in the game. Can these traders still remain committed to their [...]

Posted in Carry Trades, EURJPY, Forex Technicals, Japanese Yen, forex blog, japanese retail positioning 1 Comment »