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Just a guess...position squaring before a weekend full of news? Or maybe people
are wary about Russia more so than they are about Japan [less doubtful reason to
my mind. I'd go with position squaring and technical breakout of a very
long-term downtrend that the yen had been in.
Best,
Tim Morge
Robert W Cummings wrote:
>
> They had a so called currency expert on CNBC yesterday that recommenced
> going long the D mark and short the yen.
> That position only went against you 2 grand today. Anybody care to comment
> on why the yen is running all over the D mark in relation to the dollar.
>
> Robert
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