Thursday, 8 November 2012

I am back!

Been away for a few days.

After the US elections, we continue to see policies to be the same as before. US will continue with its easing. And that would continue to weaken the USD. This is especially for USD against Asian currencies.

I am looking to buy some USDJPY as I believe the deteriorating Japanese economy will continue to weaken the jpy. I think we can see USDJPy staying above the 80 level in the new year.

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