Comments on: No comments on currency levels, daily moves. Will watch currency markets closely – MOF’s Sugimoto

By: Gerry Davies

Gerry Davies — Thu, 09 Jul 2009 18:06:04 +0000

Hi saferanger, yes spoke to jamie during the hiatus yesterday. yes hearing same re usd/jpy option interest monday.
Should say excellent post! Can’t wait to seeing the next one!

By: Gerry Davies

Gerry Davies — Thu, 09 Jul 2009 08:51:24 +0000

Hi saferanger, yes spoke to jamie during the hiatus yesterday. yes hearing same re usd/jpy option interest monday.

By: saferanger

saferanger — Thu, 09 Jul 2009 08:30:37 +0000

Mornin´ Gerry…what an afternoon/night lays behind us! 5 and more big-fig moves down on the JPY crosses and now 50% retracements and more, yeah, wow, uh… Being close to a heart attack when I got hit on my limits at 149 in GBP/JPY and 92 in USD/JPY I am now feeling much better obviously…but man, it was tough ; )
Hearing of over USD 1bln 93.20″s due to roll off Monday in USD/JPY, so if we hold around current levels, that could mean fun next week…