Tks, bro,....

Hmm,... Yeah, near the bottom, I think,... I did not plant a TP, just observed closely on news only and wll re-act if necessary. Sometimes, I forgot to watch the news too because of my work and family,...

She earned quite a lot this year from my account because I believed I have done 4 transactions so far,.. three longs and one sell..... She earns commissions from each transaction.

Huat to you this year, bro,... huat huat,...

Huat to you in November then, bro,... US Elections on Tuesday, Nov 3rd ! Everybody lost money, bro,... most important is if we can make it back,... AND it does not wipe us out of our comfortable livelihood,...

Other than the above,.. so long as we are comfortable, we experienced life to the fullest with our loved ones and children,... that;s all there is to it !

Good evening bros,...

On July 27th, I wrote this : For recording purposes and updating this since have sometime today,...

As I write this, the interank bank rate is : 75.319.

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Today, the interbank rate is at 76.00 JPY to ONE AUD.

I will continue to ride this uptrend without planting in a Take Profit level.

Look like not much chance for the AUDJPY to retrace which may allow me to add further to my position though I may need to average up.

Continuing to hold my AUDJPY pairs at current interbank rate of 77 Yen. The RBA has lowered its interest rate till 0.10%.

Unless it intends to go into negative rates, there is no more room for interest rates to affect the strength of the AUD anymore.

Now awaiting interest rates to rise again. The wait may be long, though,...

Bro DWRK,... Revisiting your above input this evening,... I have been lucky,...and I am grateful too for having the chance to be able to learn enough to spot the lowest point of this pair in the present environment.

I continue to monitor the performance of the AUDJPY pair.

Hi bros,.... looks like the coincidence means we have fate to be together, bro DWRK,... too bad I'm married,... and male too,.....

Yeah,.. ran up a bit,... and can continue to ride, bro Lucas,....

Bro,... you selling your USD as a cutloss or as a take-profit now,...

This is great, bro,... congrats,... yeah, take profit first,... the USD is said to weaken next year by many parties.....

HI bros,...

Wishing all here a Happy and Prosperous Year of The Ox,...

Updating here that the currency pair, AUDJPY will still have legs to run,...


News: Aussie-yen set to extend rally

Growth bets overshadow the RBA’s attempt to rein in the Aussie dollar

Chief Investment Office, Newsfeed15 Feb 2021
Photo credit: AFP Photo

The Aussie dollar appears poised to extend its rally against the yen as bets on the global economic rebound overshadow the Reserve Bank of Australia’s (RBA) efforts to restrain the currency. The growth sensitive pair, which has surged 35% from a decade low in March, may test resistance around JPY84 per Australian dollar in coming weeks after recently breaching its April 2019 high.

Key technical indicators, including its moving average convergence/divergence, suggest upward momentum will continue, while hedge fund positioning also points to further gains.

The steady advance in commodity prices that underpins the growth outlook for the Aussie is coming just as vaccines start to find traction in the fight against the coronavirus, reducing the yen’s haven appeal.

Net long positions in the Australian dollar among leveraged funds rose to a three-month high in the week ended 9 February, while net long positions in the yen shrank to a three-month low.

The uptrend in Aussie-yen that was already clear by mid last year, accompanied by Japanese purchases of Australian bonds, would likely have been noticed by the RBA before it boosted monetary stimulus in November, according a head of FX strategy in London.

The central bank’s quantitative easing may help to limit upside for the currency pair, “though the better-than-expected recovery in the Australian labour market and stronger house price inflation should still lend support,” she said. This suggests “scope for further modest gains” in the coming weeks and months.

The release of Australia’s January jobs data on Thursday (18 February) provides investors with another opportunity to test this view, after the unemployment rate in December fell to an eight-month low. – Bloomberg News.

On Friday, the US Dollar Index added 0.07% to 90.480, the euro slipped 0.08% to USD1.2120, the pound rose 0.24% to USD1.3849, and the yen weakened 0.18% to 104.94 per dollar.


Just as news for you guys,... I give thanks to The Almighty for my entry point.

Tq bro,... yeah,... now I'm trying to decide HOW TO EXIT and take profit already,...

Tq bros, for the opinions and the discussions,... in theory, when the RBA announces that they are stopping the bond repurchase program, the AUD might go higher. And,......... when inflation starts to affect daily lives,... the OCR might be raised from 0.10% now.

Will the AUD shoot thru the roof then ?

I apprecaited all the timelines given,... but I'd choose to be more careful towards this.

If you meant to use the word 'soar' as strengthening,... saying the RM strengthening to 3.97 vs the USD, AND subsequently using back the same word : 'soar' against the AUD, this may not be so accurate anymore. Why ?

Because RM reaching 3.50 vs the AUD is weakening. And it's weakening very badly,... Furthermore, f the RM touches 3.50 vs the AUD,... then,.. it would touch 3.40 vs the SGD,..........

You're not the only one who would be happy for both of the currencies.

Tks all bros for many opinions,... will read closely and think carefully before acting. Yeah,... bro dwRK,.. I took a very high 9-digit AUD loan and bet on this pair. Did this with my private banking facility in SG. Bought three round,.. if I remembered correctly.

Tired tonight....

No prob, bro,... like I always say, the ampunt is not important. The investment returns in % determines whether the investor is a 'champion' or not.

...emm,... my bank will loan in AUD, never before was I offered in JPY.

Ok bro,... tq for the heads-up,.... watching here too and with the improving Aussie economy,.. I think still got legs,...

USD has been particularly strong recently. When the USD strengthens,... the JPY weakens badly,... I'm counting on this effect,... let's see,....

This is good news for me then,... tq bro,....

Sometimes, bro,... the correlation is not so direct and not so clear,... probably that's why we call this the mkt,....

Take for eg now,... House is destined to pass the 1.9T USD stimulus,... so, surely,... more printing will need to take place, BUT USD still keeps strengthening because of bond yields rising,...

And bond yileds are rising because investors, especially Japanese investors,... are disposing USD govt bonds,....

To make a long story short, I'm buying crypto proxies to hedge against the above uncertainties. I observed the performance of cryptos and the USD is diverging. Just like the performance of the tech stocks and cryptos. This observation was confirmed by Cathie's ark too,....

Hi bro,... I calm mind as much as I can,... in order to pickup the maximum observations,....

Currently,... the crypto I am invested into are US counters, namely, Mogo Inc, Silvergate Capital, Square and Microstrategy Inc.. I just received news today that, crypto exchange : Coinbase, has its valuation pegged at USD68b ahead of a landmark US listing. I'm trying to get this too.

Well,... if overnight, the AUDJPY falls to 62,... I'm in big trouble.