Tag Archives: Yen

samurai lessons

Chart of the Day: Some YEN lessons for the euro on QE…

Whoosh, the euro is rapidly heading towards 1.10 against the USD. But where could it ultimately go? ┬áHere’s a few charts….

January 23rd, 2015 by

Technical Trends

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fukushima japan

Macro: Number one fund manager worry?

The Merrill Lynch fund manager survey for November reveals the latest institutional thoughts on risk. Hot on the heels of a very vague Chinese policy plenum it would appear the “tail risk” feared most is China….

November 13th, 2013 by


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japan macro risk

Japan, not Syria, is still the number one macro risk!

We are concerned. The Fukushima farce continues with another TEPCO confession of misinformation today as the Nikkei revisits 2 month lows. But there’s more….

August 28th, 2013 by


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Japan is a clear and present danger to markets…

The mainstream financial headlines may focus on poor China data, more Spanish corruption or further Bernanke speech speculation but let’s be absolutely clear that Japan remains the greatest ongoing threat to global financial stability.

July 10th, 2013 by


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A Japanese butterfly flaps its wings, now watch the VIX!

Wowzers! Yen/dollar rates have just hit the 94 level which is nearly 10 points lower than a few short weeks ago. Cue carnage in Asian equities, currencies and bonds.

June 13th, 2013 by

Behavioural Finance

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All happy in Japanese Yen interest rate derivatives?

Wow! The yield on Japanese 10 year bonds has jumped by nearly 200% in a matter of weeks. For perspective, that’s a move from 0.31% to almost 0.9%, a level which has already been visited in recent years.

May 15th, 2013 by


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Ninja spirits rise as margin trading accounts hit 2007 highs!

Oh remember those days….the excitement and the frustration of house prices rising rapidly, stock prices flying too but you just couldn’t put enough skin in the game?

May 10th, 2013 by

Behavioural Finance

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ECB barn doors, missing horses and FX confusion….

Ok, the ECB cut. Just the 25bps and hey presto the currency markets do precisely the opposite of what a lower interest rate should do. The euro has actually strengthened since the ECB decision in the past hour.

May 2nd, 2013 by


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Not all heads in the sand on Yen weakness…

The Japanese market is touching 5 year highs today on further Yen weakness but there are consequences.

April 24th, 2013 by

Quality Franchises

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Yen out of fashion hurting LVMH?

We did ask that question in mid-February as LVMH raised its Japanese retailing prices but on the evidence of yesterday’s Q1 results the answer must be “no”.

April 16th, 2013 by

Quality Franchises

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