USD just skyrocketed against the yen

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  • cluck
    Confirmed User
    • Dec 2002
    • 5248

    #1

    USD just skyrocketed against the yen

    WTF is going on? Well I don't care, it's a big spike and I just made a 25% return
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  • cluck
    Confirmed User
    • Dec 2002
    • 5248

    #2


    That's not even meeting the daily high, but it's the kind of spike that makes me happy to be trading at 12:30 AM.
    icq 279990726
    www.mcdonalds.com <- great money making opportunity

    Comment

    • bhutocracy
      Not making A Comeback
      • Dec 2001
      • 10218

      #3
      Didn't the IMF just release figures warning that the US is heading into a shitstorm with huge debt and trade deficits?

      Comment

      • cluck
        Confirmed User
        • Dec 2002
        • 5248

        #4
        Originally posted by bhutocracy
        Didn't the IMF just release figures warning that the US is heading into a shitstorm with huge debt and trade deficits?
        This isn't gonna last, it's just a good point to sell my bet. I did, and locked in the return
        icq 279990726
        www.mcdonalds.com <- great money making opportunity

        Comment

        • robfantasy
          Confirmed User
          • Jun 2002
          • 6445

          #5
          how much u make?
          Looking to speak w/ high volume nutra CPA affiliates or networks... msg me

          Comment

          • pradaboy
            sell me your banners
            • Dec 2003
            • 12931

            #6
            why doesn't that happen with the USD vs. Euro?
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            Comment

            • Rich
              So Fucking Banned
              • Jan 2003
              • 11486

              #7
              Originally posted by cluck


              That's not even meeting the daily high, but it's the kind of spike that makes me happy to be trading at 12:30 AM.
              You're not the only one trading tonight.

              Cheers.

              Comment

              • cluck
                Confirmed User
                • Dec 2002
                • 5248

                #8
                Originally posted by robfantasy
                how much u make?
                Not much, unfortunately I could only bet $40 so I made around $10 on the first bet and I'm around 40% on my second while the yen evens out. If I hit 50% I'm pulling out so that's another $25.

                My damn e-gold account is empty and it takes a while to transfer funds. If I'd known this would happen I'd have dumped at least $1k in there.
                icq 279990726
                www.mcdonalds.com <- great money making opportunity

                Comment

                • Michael O
                  More Cowbell
                  • Jul 2001
                  • 10607

                  #9
                  Originally posted by bhutocracy
                  Didn't the IMF just release figures warning that the US is heading into a shitstorm with huge debt and trade deficits?
                  Yes but there are also news saying the European Central Bank will go out and buy a few US$ to raise it against the Euro cause European companies doing their business in US$ are really suffering because of the weak US$.
                  Truth Teller

                  Comment

                  • cluck
                    Confirmed User
                    • Dec 2002
                    • 5248

                    #10
                    Originally posted by Keyser Soze


                    Yes but there are also news saying the European Central Bank will go out and buy a few US$ to raise it against the Euro cause European companies doing their business in US$ are really suffering because of the weak US$.
                    Actually looks like my euro/yen bet is going to more than double. Not bad for 1/2 hour or so.

                    USD/JPY isn't moving all that much right now.
                    icq 279990726
                    www.mcdonalds.com <- great money making opportunity

                    Comment

                    • Greg B
                      So Fucking Banned
                      • Jul 2001
                      • 7014

                      #11
                      Originally posted by cluck
                      WTF is going on? Well I don't care, it's a big spike and I just made a 25% return
                      This is what happened

                      Comment

                      • richard123
                        Confirmed User
                        • Mar 2001
                        • 491

                        #12
                        Originally posted by bhutocracy
                        Didn't the IMF just release figures warning that the US is heading into a shitstorm with huge debt and trade deficits?
                        http://www.signonsandiego.com/news/b...99_1b8imf.html

                        Very scary stuff. They said on the radio (so it *must* be true) that this is the sort of stuff the IMF normally dishes out to dictatorships

                        BTW: Want a stock tip? Check out RDF on the ASX. They will reach over $2 before August. I've got $40K in there and have made a nice profit over the last few weeks.

                        Comment

                        • sacX
                          Confirmed User
                          • Dec 2002
                          • 2998

                          #13
                          Originally posted by cluck
                          WTF is going on? Well I don't care, it's a big spike and I just made a 25% return
                          surely BOJ is buying dollars.. it happens all the time.. it shouldn't be surprising
                          Have Asian Language Traffic?

                          Comment

                          • KraZ
                            Confirmed User
                            • Oct 2003
                            • 2636

                            #14
                            Originally posted by Greg B


                            This is what happened

                            I heard it on the news too - Bank of Japan had done an "intervention" - buying USD.
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                            Comment

                            • ortika
                              Confirmed User
                              • Oct 2002
                              • 146

                              #15
                              Originally posted by Keyser Soze


                              Yes but there are also news saying the European Central Bank will go out and buy a few US$ to raise it against the Euro cause European companies doing their business in US$ are really suffering because of the weak US$.
                              Isn't true ...

                              BCE have not the money to do that ...
                              Thay will do somethin when it will be 1.35 - 1.40

                              i'm wainting the 1.40 lost 40% on a check is so good

                              Comment

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