Yen

      So jetzt ist der Yen durch. CHF überrascht mich schon. Wollen da alle Amis rein?
      Wenn der nicht wieder auf die upStange (1.21) zurück geht, hat das ernsthafte wirtschaftliche Folgen. Dann müssen die CHF Käufer auf Vanuatu ausweichen oder auf Ausserirdische hoffen!
      Würde und Sein - sind allen gemein

      wolli schrieb:

      @ retep

      Alpari hat ein ATL am 16.03.11 bei 76,295:



      @ wolli

      Du hast Recht! Ich, bzw mein benutzter Datenlieferant liegt an diesem Tag komplett falsch. Habe damals von einem anderen Lieferanten (PRT) selber ein Pic eingestellt Dort liegt er bei 76.40 (auch heute noch... grins).
      Werde mir das merken.

      Die Prognose grundsätzlich erschüttert das nicht. Erstes Ziel ist aber jetzt natürlich zuerst das reale ATL und nicht das gefühlte.....
      Würde und Sein - sind allen gemein
      USDJPY baut Shortpotenzial auf. Runde 2 steht bevor. Erstes Ziel altes ATL - 79.50. Bisher haben die Zentralbanken die Nase leicht vorne.

      Tue Mar 22 14:29:15 CET 2011 JPY $/yen a snoozer but the longer we remain in this narrowing range the more pressure will build to the downside
      Würde und Sein - sind allen gemein
      Fri Mar 18 10:47:19 CET 2011 JPY Watch USDJPY and CADJPY as America and Canada come in - the exporters are happily selling into 82.00 and post the early morning actions we have seen strong supply from corps and funds alike selling USDJPY - more official bids seen on the EBS below 81.40.
      Würde und Sein - sind allen gemein
      DJ BOJ Places Order To Buy USD If It Sinks To Y81.25 - Trader

      March 18, 2011 05:26 ET (09:26 GMT)
      Copyright (c) 2011 Dow Jones & Company, Inc.
      Das nennt man wohl aktive Kommunikation...

      Das wäre dann wohl WS1 (oder MS3). Oder das was wir gerade haben. Ich schlage dann mal virtuell den Gong für die nächste Runde....
      Würde und Sein - sind allen gemein
      They did it - Grossintervention gegen den Markt (Grössenordnung des MOF weniger als 2T Yen)

      --G-7 pledges joint intervention to weaken yen
      --Step marks first joint intervention since 2000
      --BOJ intervenes, popping dollar above Y81 from Y79.19
      --Other G-7 central banks will intervene during their trading days
      --BOJ appears to sell less than Y1 trillion in first two hours
      --Japan says ECB may sell yen and buy euros

      (Adds context, more Noda comments.)

      By Arran Scott and Tatsuo Ito
      Of DOW JONES NEWSWIRES

      TOKYO (Dow Jones) The Group of Seven industrial powers pledged to intervene in the currency markets for the first time in a decade as Japan dumped yen on the currency markets Friday to keep the currency's record surge from further damaging an economy ravaged by earthquake, tsunami and nuclear disaster.
      "At a time when Japan is in a difficult situation, it is extremely significant that G-7 authorities agreed to act in concert and cooperate for the stability of the markets," Japanese Finance Minister Yoshihiko Noda said in announcing the agreement, the first since 2000, after a 90-minute teleconference of G-7 finance ministers and central bankers.
      The ministry sold yen through the Bank of Japan for the first time since September, sending the dollar surging as high as Y81.49 from Y79.19 before the announcement. The U.S. currency was at Y81.582 at 0300 GMT.
      Noda said Japanese authorities are not targeting a specific level for the yen.
      Friday's intervention comes after the yen hit an all-time high early Thursday morning in Asian time, with the dollar falling to Y76.25. The move confounded observers who expected the yen to weaken at a time of severe crisis for the Japanese economy, especially as the buying did not seem to be driven by major repatriation flows from Japanese firms.
      That raised the prospect that speculators, aware that the yen had gained on repatriation flows following a 1995 earthquake, were trying to profit on the tragedy. But a strong yen is anathema to Japanese exporters, who are a mainstay of Japan's economy and whose strength will be crucial to the country's recovery.
      In the first two hours after Friday's move the BOJ appeared to sell something less than Y1 trillion, entering the market continually to fight overseas yen-buying, dealers with direct knowledge of the intervention flows said. They predicted that as the day wears on the intervention will top September's record sales of Y2 trillion.
      Japanese authorities traditionally have intervened only in the dollar/yen pair. Noda indicated that the European Central Bank might sell yen and buy euros.
      Wearing the drab civil-defense jumpsuit that Cabinet members are sporting during Japan's worst postwar crisis, Noda told reporters in a packed elevator hall of the Finance Ministry building that the BOJ's 0000 GMT intervention would be followed by yen-selling from the rest of the G-7 in their own time zones Friday, in response to Japan's request.
      "No nation hesitated and all readily accepted Japan's request," Noda told a press conference after a regular Cabinet meeting.
      Noda said G-7 members shared that view that there had been excessive and disorderly movements in the foreign exchange market.
      "I explained clearly to Japan's partners that it is not the case that Japanese firms need yen cash and need to sell foreign assets," Noda said.
      A French official confirmed that G-7 representatives on the call readily supported Japan's request.
      "We express our solidarity with the Japanese people in these difficult times, our readiness to provide any needed cooperation and our confidence in the resilience of the Japanese economy and financial sector," the G-7 said in a statement.
      The announcement means "round-the-clock intervention and support," said Richard Grace, chief currency strategist at the Commonwealth Bank of Australia. "We'll probably see the dollar/yen two or three big figures higher over the next 24 hours."
      "This is an extremely important event here," said Westpac Global Markets strategists Sean Callow and Robert Rennie. "We have not seen coordinated intervention or at least a statement of intent towards coordinated intervention from central banks for many many years. History tells that coordinated intervention has a much greater chance of success."
      Coordinated intervention will likely work -- but then again it has to, as it's the only ammunition Japan has left, BNP Paribas strategist Robert Ryan said.
      "It's monetary easing, it's exchange-rate easing that's the only way they can stimulate the economy. This is the last tool in the tool box. They have to make it work."
      BOJ Gov. Masaaki Shirakawa said the central bank will continue to pump cash into Japan's financial system as needed to stabilize domestic financial markets.
      "The Bank of Japan strongly expects that Japan's concerted action with G-7 member countries in the foreign-exchange market will contribute to the stable formation of foreign-exchange rates," Shirakawa said in a statement. "The Bank of Japan will pursue powerful monetary easing and to ensure stability in financial markets, will continue to provide ample liquidity."
      Demand for short-term funds rose in the wake of the devastating quake, but in the new conference with Noda after the G-7 teleconference, Shirakawa said money markets have regained stability following the BOJ's massive fund injections this week.
      Economy Minister Kaoru Yosano said the G-7 decision to conduct joint interventions means there's a common understanding of the importance of a stable yen, the Nikkei reported.
      Even though past cases of joint intervention have marked turning points for the target currency, it's not yet clear whether this intervention will be enough to keep the yen from strengthening later, as the duration of the joint efforts isn't clear, said Osamu Takashima, chief FX strategist for Citibank Japan.
      March is the final month of Japan's fiscal year, which "was one reason why the government and the G-7 decided to step in," Takashima said, "but next month we can't expect they will continue to intervene, so there is some possibility that the dollar could drop to around Y75 if they stop."
      However, if that were to happen, dragging the Nikkei Stock Average down below 8,000, then the G-7 could intervene again, Takashima said. The Nikkei 225 Stock Average ended the morning up 1.77% at 9,120.93.

      March 17, 2011 23:02 ET (03:02 GMT)
      Copyright (c) 2011 Dow Jones & Company, Inc.

      Denke mal der Markt wird ihn noch einmal auf das alte ATL drücken - so far... (und man wird sie gewähren lassen - optimale Technik ist alles)
      Würde und Sein - sind allen gemein