Seriously- WTF is going on w/ 🇯🇵BOJ & media “leaks”
post-Fed & ECB: press test
#3
“…will discuss tweaking YCC Friday to let long-term interest rates rise beyond its cap of 0.5% by a certain degree, Nikkei has learned”
USDJPY & EURJPY -1.2%
See👇
Clip of rant on 🇯🇵Japan’s state-backed market meddling
BOJ’s Ueda use of fin media/press as BOJ communications arm
MOF’s Suzuki/Kanda & yenterventions, real & jawboned
At least 🇨🇳doesn’t pretend to be capitalist
Keep it up & watch foreign inflows→OUT
5
3
33
12
26
138
Replies
Btw, something else to (seriously) consider-
Wondering why Powell & Lagarde said absolutely nothing concrete on next meeting rate move at respective press confs OTHER than “data-based optionality”?
B/c they have to make rate decisions 1-2 days BEFORE wildcard Bank of f’ing Japan
8
11
89
I’m going to bed-
Allegedly there’s another Jul’23 BOJ release in few hours, & to be released by BOJ this time
& if you’re some blinder wearing (most likely 🇺🇸) who thinks that the major GLOBAL CB’s don’t ever even CONSIDER each others’ policies when making their own-
1. Just…
4
7
52
@acrossthespread
we knew it dude. we knew they would do this.... had my yen longs for it. but man, the dirty tricks.....
0
0
1
@acrossthespread
Japan's Central bank is not right leaking like this, but you got me on the right side for trade. Thanks, Weston.
0
0
0
@acrossthespread
Are there any good brokers that offers forex pair option trade for retail investors?
0
0
1
