Ticker archive
What was said about US Dollar / Japanese Yen
This is the TubeRank file on USDJPY. Price calls from finance YouTube are kept here with the original quote, then checked against the market once their window closes. Read it the way you would a research notebook.
USDJPYUS Dollar / Japanese Yen
The record, in brief
2 calls from 2 channels are on file for USDJPY. 1 has a result. The hit rate is 0% (0 hit, 1 missed, 0 partial; a partial counts as half). None are still pending. Direction is mixed: 1 bullish and 1 bearish.
- On file
- 2
- Hit rate
- 0%
- Pending
- 0
- Channels
- 2
recorded calls
0 hit · 1 miss · 0 partial
none waiting
1 bullish · 1 bearish
No chart in this file yet
Plotting needs at least two calls that each have a price target and a video date. What we do have is listed below.
Calls, by channel
Grouped by who said it. The latest thesis is written out; open a channel for the calls we kept, newest first.
Meet Kevin1 callBearishKevin argues the US Treasury's intervention to strengthen the yen (selling euro assets to buy yen) has already failed, with USD/JPY back above the 160 level that had been feared as a carry-trade unwind trigger. He believes yen interventions historically always reverse because they bandage rather than fix underlying fundamentals, implying continued yen weakness ahead.
Kevin argues the US Treasury's intervention to strengthen the yen (selling euro assets to buy yen) has already failed, with USD/JPY back above the 160 level that had been feared as a carry-trade unwind trigger. He believes yen interventions historically always reverse because they bandage rather than fix underlying fundamentals, implying continued yen weakness ahead.
Mark Spiegel1 callStrongly BearishThe Bank of Japan has been printing ~20% of the monetary base per year for ~5 years. Japan's national debt is over 250% of GDP and interest on the debt is already over 9% of the budget at a 1% average rate. At 3% rates, debt service would consume ~28% of the budget — unsustainable. The BOJ will keep printing to cap rates and crash the yen in doing so. This is Mark's 'desert island' set-it-and-forget-it trade, on since late 2012 from ~79.
The Bank of Japan has been printing ~20% of the monetary base per year for ~5 years. Japan's national debt is over 250% of GDP and interest on the debt is already over 9% of the budget at a 1% average rate. At 3% rates, debt service would consume ~28% of the budget — unsustainable. The BOJ will keep printing to cap rates and crash the yen in doing so. This is Mark's 'desert island' set-it-and-forget-it trade, on since late 2012 from ~79.