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 :thumbsup

http://saturn.tradeodds.com/temp//39...dd24c7e621.gif

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. :thumbsup

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 :glugglug

how much u make?

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

You're not the only one trading tonight. :)

Cheers. :glugglug

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.

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. :winkwink:

USD/JPY isn't moving all that much right now.

This is what happened

http://www.gregboone.com/kingkonggodzilla.jpg

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.

surely BOJ is buying dollars.. it happens all the time.. it shouldn't be surprising :)

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

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 :mad: