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Weak is an understatement. The government injected liquidity recently and it didnt save their yen. Japanese people never complain, but now their people are starting to ask “hmm.. what is going on?” - I am guessing japanese wants to sell in very high quanities to a single buyer than to multiple to save any amount of capital they have against fees. Their positions will hedge against the Japanese yen. The thing is.. what if all currencies are heading to where the yen is now? What if the japanese economy forcasts how all economies will be in a couple of months? Btw, I daytrade forex and any profits I get, I buy graded pokemon cards to hedge against the Dollar cos at the moment I am unsure. And whenever you are unsure, thats when its best to hedge against your positions.
Make sure to subscribe to Erncollects - www.youtube.com/@erncollects
The full unedited, livestreamed chat will be made available for everyone, members and non-members on Friday, May 10th. If you want to watch it early, you can become a member today!
Love this video! Highly recommend the whole live👌🍿
Japanese know there yen is weak
Weak is an understatement. The government injected liquidity recently and it didnt save their yen. Japanese people never complain, but now their people are starting to ask “hmm.. what is going on?” - I am guessing japanese wants to sell in very high quanities to a single buyer than to multiple to save any amount of capital they have against fees. Their positions will hedge against the Japanese yen. The thing is.. what if all currencies are heading to where the yen is now? What if the japanese economy forcasts how all economies will be in a couple of months? Btw, I daytrade forex and any profits I get, I buy graded pokemon cards to hedge against the Dollar cos at the moment I am unsure. And whenever you are unsure, thats when its best to hedge against your positions.