Seems the QE program in Japan is working. So far no sign of more easing unless Haruhiko Kuroda hints at it later on at the press conference in a few hours. So now the government will get good revenues from the new consumption tax. May effect ...

Geppy's Geppy Thread (GBP/JPY)

The vote was unanimous, economic recovery is moderate. Assessment of the economy is unchanged. Spending has also increased.

Geppy's Geppy Thread (GBP/JPY)

No change in Monetary Policy. Statements are still coming in.

Geppy's Geppy Thread (GBP/JPY)

Rates have nothing to do with this at all. Zero

Geppy's Geppy Thread (GBP/JPY)

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Geppy's Geppy Thread (GBP/JPY)

Much at stake in a few hours. Fears of a China slowdown and a change in global growth have put jitters into the market. In the background we have the Crimea Referendum over the weekend to add to the turmoil. There are factors in the Japanese data ...

Geppy's Geppy Thread (GBP/JPY)

GMMA rules, what are those?

Geppy's Geppy Thread (GBP/JPY)

Yes, I don't think there is much the west can do and Putin has an agenda to restore the glory of Russia. He is very far from the same page as the EU and U.S. more like in a different universe of thought. He knows this uprising was engineered and he ...

Geppy's Geppy Thread (GBP/JPY)

About 60 pips on my sell order so far. Will hold it past the BOJ announcement into Wednesday at least.

Geppy's Geppy Thread (GBP/JPY)

The ideal situation would be the BOJ anticipating the effect the tax would have on the economy and announcing more easing this week to counter that effect. It's not expected by many analysts at all but it could happen.

Geppy's Geppy Thread (GBP/JPY)

I sure hope so my friend, 180 would be nice. GBP is getting stronger we just need another catalyst to get it past this area. It's a forward looking market by 6 months so speculation just explodes and then it rises to these values even before the ...

Geppy's Geppy Thread (GBP/JPY)

Delpiero come back here and please tell me what kind of data, risk trends or any kind of market dynamics you are seeing to warrant 180 very quickly. I will close my short position and go long immediately. I've been wrong many times and can change my ...

Geppy's Geppy Thread (GBP/JPY)

My thoughts exactly. GBP/JPY is risk sensitive and there are so many things going on now, mostly bad things to be long at a price level this high. China is experiencing some corporate bond defaults, sanctions upon Russia won't be good for the EU ...

Geppy's Geppy Thread (GBP/JPY)

Delpiero, in my post that you quoted I've given the fundamentals for my case of 167. What are the fundamentals you can provide regarding an exchange rate of 180 Japanese yen to 1 British pound? It's already risen 950 pips from the last emerging ...

Geppy's Geppy Thread (GBP/JPY)

I'll try to call this one here; The Bank of Japan will not waste additional stimulus without first knowing the effects of the new sales tax on the economy. So an announcement for more at the meeting in a few days is very unlikely. As March 16 ...

Geppy's Geppy Thread (GBP/JPY)

What are you talking about? 180?

Geppy's Geppy Thread (GBP/JPY)

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Geppy's Geppy Thread (GBP/JPY)

I think so as well because there are a few moving parts that could start colliding with each other. Ukraine, the S&P levels, the China credit cracks that are showing. They just reported a trade deficit, how weird. The Fed taper continues but the BOJ ...

Geppy's Geppy Thread (GBP/JPY)

The Non-Farm Payroll data in the United States is most likely the highest volatility statistical release all month, every month. Couple that with GBP/JPY being an extremely volatile pair. If your direction is correct you stand to gain much, if wrong ...

Geppy's Geppy Thread (GBP/JPY)