Yen weakens to 163 vs USD, raising risks of intervention | Metals Mine
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OnlineAddict
16 hr ago
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Trader#5E8F
16 hr ago
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FxMax1
16 hr ago
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rayan1234
14 hr ago
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jordanvic
17 hr ago
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Toilet paper
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Trader#D109
17 hr ago
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hahaha
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Rommipandey
17 hr ago
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lol
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Trader#3E67
15 hr ago
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Watch out, there be Aussies lurking around here bwahahahahahaha
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ongawwd
17 hr ago
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i wiped my ass with yen yesterday and it felt great
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The Doji
17 hr ago
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Intervention will only work if the BOJ operates in tandem and possibly Washington too - then it will be a meaningful. If it is more a covert operation (as the Japanese indicated) it will also have greater impact .
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User3885
16 hr ago
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There's nothing we can do. The U.S. dollar is getting stronger while the Japanese yen is becoming weaker. Because of the Iran war, Japan's oil reserves are also being depleted, forcing the country to buy oil at higher prices than usual. This puts additional pressure on the yen, causing it to weaken even further.
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Js3mwtRc
17 hr ago
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A correction or real intervention? Why boj do it now with strong Dollar!
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swing77
16 hr ago
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japan margin call
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yudis07
17 hr ago
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nothing intervention by BOJ anymore, KEEP SELL JPY
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Dreo
16 hr ago
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How the hell did the yen weaken to 163 when my MT4 chart shows it only hit 162 on june 30th and hasn't gone above that since only today did it @163. Or should I ask, if a currency goes up is it weakening
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LaZlow089
15 hr ago
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USDJPY ... if price moves up, USD is being bought and JPY is being sold. JPY depreciates against USD (weaker Yen), if USDJPY is dropping, USD is sold and JPY gets bought (stronger Yen).
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atillaken
8 hr ago
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It's not a currency anymore. jPY became a meme coin.
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Momofrmnyc
17 hr ago
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Nah don't think it's 163 it's probably a price we won't be expecting but regardless of intervention they're still at a policy divergence.
Skydev
17 hr ago
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lmao why is this breaking, is reading chart breaking now?
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OnlineAddict
16 hr ago
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Because it happened for first time since 1986.
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ffghost
16 hr ago
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True....but the tagline "raising the risk of intervention" is a little redundant. It's not "wrong", but has been the same message since 160 (in other words, for the past month).

One of these days something will happen. Intervention? a breakdown to 165/168/170? Time will tell.
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ww3361
15 hr ago
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How's your long from "40 year lows going"? "Can't go wrong [sic]".
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ffghost
11 hr ago
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If you can't read sarcasm without me actually writing "*sarcasm", I don't know how to help ya

The post you quotes was clearly intended to be in jest. As in "markets this extended always rebound....riiiight?"

In regard to coming into this thread to attempt mocking a comment, my buddy Happy Gilmore has a line for ya: "Talk about your all time backfires...." (And, no, he is not ACTUALLY my buddy, just so there is no misunderstanding )
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ww3361
4 hr ago — Edited
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Replying to ffghost
And yet we both know you were long micro yen futures and you don’t use stop losses.
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ffghost
1 min ago
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Replying to ww3361
Wrong again. /6J is not the micro yen.
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ongawwd
17 hr ago
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its over ggs
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Trader#06C8
17 hr ago
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There's nothing we can do. The U.S. dollar is getting stronger while the Japanese yen is becoming weaker. Because of the Iran war, Japan's oil reserves are also being depleted, forcing the country to buy oil at higher prices than usual. This puts additional pressure on the yen, causing it to weaken even further.
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ffghost
16 hr ago
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This. With oil rising, intervention becomes harder. One would have thought the BOJ move could have transpired on the recent drop in oil, to really accelerate the move. They must have thought (hoped) things would move the 'toght' way organically. Oops.
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dudhatra
16 hr ago
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Sell gold
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Trader#5E8F
16 hr ago
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Gold 4,058.701 level buy and wait for 1m poi and order block and duy rr 1:4 - 1:3
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majid.yavari
16 hr ago
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It will see 165 yen and if it can break this resistance level, 172 yen will not be far away.
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Trader#1318
13 hr ago
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Should remove JPY pairs from FX market... toilet paper is better than JPY
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Pbtrades1
17 hr ago
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Wasted
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wndt
17 hr ago
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noway
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Sakau1993
17 hr ago
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gold buy or sell gg
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danielouis
17 hr ago
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Sell gold last high as SL
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Trader#3D0F
16 hr ago
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i don't think BOJ will intervene as far as the US war with IRAN rages on.
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Trader#1E0E
15 hr ago
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No more money to intervene
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Qwequ
8 hr ago
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I'm gonna go long for a while
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Trader#C758
17 hr ago
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Free market intervention
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Trader#7260
17 hr ago
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Never
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Trader#7260
17 hr ago
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Really
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Trader#39F4
16 hr ago
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btc or gold buy or sell please
tell me
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Trader#5E8F
16 hr ago
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Gold 4,058.701 level buy and wait for 1m poi and order block and duy rr 1:4 - 1:3
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Trader#A0B8
16 hr ago
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The Fed has announced rate hike
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Trader#6346
16 hr ago
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bad news for world
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