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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Friday 15 November 2013

Is the yen breakout the start of a new leg,with Japanese liquidity flooding the markets and "risk on" again in a big way ?


The Aussie has a bearish shooting star at neckline resistance,chart looks weak



2 comments:

  1. I'm more leaning towards a strengthening USD rather than weakening JPY.

    ReplyDelete
  2. ahhh right so we could get weaker yen without necessarily seeing loads of Japanese liquidity ?

    ReplyDelete