Soros – Yen fall may become like an avalanche

View Comments

Soros commenting in an interview – crossing the newswires

Also:

  • Says China has t change its growth model
  • Everyone knows China has a property bubble

Author: Eamonn Sheridan

Eamonn Sheridan worked with Bankers Trust Australia for 13 years as a Spot foreign exchange dealer, trading across all major currencies and all time zones. He rose to a Vice President position, running spot operations during the busy European time, leaving the bank just prior to it being sold to concentrate on running his own business in the ‘real world’! The markets, however, had him hooked – he continued to trade equities, CFDs and then on to futures, giving him broad experience across financial markets. He is now active in FX and equity index futures as well as writing for ForexLive™. Eamonn is a graduate of The University of Melbourne in Australia and lives in New South Wales.

2013-04-05T01:49:33+0000

All|Asia Pacific

soros|yen

Eamonn Sheridan

10 Comments

  1. Isn’t Soros long u/j from last November – seems like i read that somewhere

  2. advice soros,
    he dont need to worry abt japan,
    do trade with the same……

    http://www.forexlive.com/blog/2013/04/05/soros-bojs-japan-actions-are-a-sensation/

  3. Totally agree, the fall could turn into an avalanche. But you know what. . . , I’m going to try and profit from it as much as I can!!! That is about the only thing we can do. It is silly to try and agure the point. What do you think Soros is doing right now? Counting the millions he made today!

  4. avalanche as in crash and burn into 110s?

  5. What I just heard from “Cash Flow In Asia,” Mr. Soros is not counting his millions, he’s counting a billion. That’s right– he is up a billion since long November long U/J.

  6. Hi didn’t put a figure on it, but I expect he meant something like that

  7. Yeah, that’s the way I took it. Especially since they compared Soro’s current U/J long earnings to the amount he made on his little 1992 GBP shorting adventure.

  8. you can bet your last yen that the soros family trust is well positioned. Its interesting that even after he returned the investors monies and dissolved his hedge funds he still gets air play – don’t get me wrong – the guy is on a very high pedestal for his industry changing methods and approach. I also like his philanthropy …. but really now he is just a HNWI

  9. You missed the U for ultra. UHNWI.

  10. the 2013 top is in -97.5. it wont go higher than this all year. thats my prediction.

    this is because, all the news, is now in, and there is no further QE or easing programs to be announced in 2013.

Top

© Copyright 2014 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.