Summary of Live Stream Analysis | $USD/JPY | Market Analysis

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00:00:00 - 00:15:00

The video discusses the potential for a currency war between the US and Japan, and how this could impact the USD/JPY exchange rate. It also discusses the importance of the Japanese CPI release and how it could lead to more volatility in the market.

  • 00:00:00 The video discusses the recent move in the USD/JPY exchange rate, highlighting the possibility of a Yen- USD currency war. The author recommends positioning for a Yen- USD currency war by setting price targets in USD/JPY at 142 and 151.
  • 00:05:00 The video discusses the recent surge in the value of the US dollar against the Japanese yen and other currencies, as well as the possible reasons for this. It also discusses the importance of the Japanese CPI release, which is expected to show increased inflation. It suggests that, while the market is looking for a trigger to push the dollar even higher, risks remain high.
  • 00:10:00 The video discusses how Japan's CPI release is likely to lead to more turmoil, with potential for more aggressive bond buying and USD rallying. Vega Japan's bond buying emergency program may help to support the risk-on sentiment. If CPI rebounds from its current 730 level, further USD rallies are possible.
  • 00:15:00 The video discusses the market's current trend and how it will likely change soon due to the potential for an intervention by the Federal Reserve. The author is bearish on the market, but believes that it is still in a strong trend.

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