CS.10

U.S. Derivatives, forex, metals, equities, market psychology, history geopolitics. Macros. Central bank watcher. Mostly here for Fintwit. Mediterranean Foodie.

[CS.10 @cs107sc]

@japan_nobunaga Oda Nobunaga the great unifier

[CS.10 @cs107sc]

@GingkoPT More than likely will lookblike Venezuela stock market. As in dow to 1 million

[CS.10 @cs107sc]

@SelfMadeMastery @JT_invests_ Here is a poutine for u then 😀

[CS.10 @cs107sc]

@Barchart Around 2030 usd will probably lose its exclusive reserve status. That is one of main reason for wars in ukraine and iran to unseat the usd as world reserve

[CS.10 @cs107sc]

@StealthQE4 Cooked will probably show less then expected due to oil being below 80

[CS.10 @cs107sc]

@myprecious999 Joint intervention. Japan has always gotten their way when there was joint intervention. May take a crisis to bring jpy home. But during crisis times japan does bring money home and all at once.

[CS.10 @cs107sc]

@ekwufinance This process is that china russia iran alliance to dethrone the dollar and usa as world reserve

[CS.10 @cs107sc]

@FinanceLancelot Thats what I said they intervened to sell yen. 80 usdjpy at time.

[CS.10 @cs107sc]

@InfoPropagation @leadlagreport It contributed to LTCM. Heavier effect on tiger management. I was on other side long yen at time. 2 billion got vaporized from tiger in one day. Contributed to them shutting down business too

[CS.10 @cs107sc]

@InfoPropagation @leadlagreport Snowballed from asian financial crisis 1998. It more directly affected tiger management.

[CS.10 @cs107sc]

The next carry trade vehicle may very well be CHF. The Swiss Franc. Low interest rates 0% by the SNB. May not solve problem with carry trades just pass hot potato to anothet currency. Stay tuned

[CS.10 @cs107sc]

@leadlagreport Before you called it the reverse carry trade it was called yen carry trade unwind. Forex people like myself in the shadows. Ask Tiger Management in 1998 about a yen carry trade unwind. They lost 2 billion usd in one day as their yen shorts got smoked

[CS.10 @cs107sc]

@leadlagreport https://t.co/4mDyFLhxnS

I was talking of yen carry trades well before you. And the periodic unwinds. Been going on since 90s

[CS.10 @cs107sc]

125 done... 132 next in usdjpy. Then 145-150. Japan is destroying their currency to prop up our UST market. We will start hearing of JPY carry trades again too

[CS.10 @cs107sc]

@WatcherGuru You saw what they were able to do to crude. Crude should be 140$ and crack spreads reflect that. central banks can manipulate currency much easier

[CS.10 @cs107sc]

@Dioclet54046121 Longer term ya will not solve problem. But short to med term will likely see yen strength as this was joint intervention.First carry trade unwind i did was back in 98 with fall of LTCM/tiger management.Also joint intervention usdjpy fell from 147 to 113 w majority of move in 48hr

[CS.10 @cs107sc]

Bilateral/ trilateral central bank currency interventions among G7 currencies have marked major tops and bottoms. JPY in particular. 1998, 2011 yen, now 2026. Especially when usa gets involved

[CS.10 @cs107sc]

@myprecious999 @Dioclet54046121 @donnelly_brent 95 to 100 I think. My mentor worked closer with Bank of Japan and MOF then federal reserve so I know boj tactics better. 90, 79 other big supports usd index

[CS.10 @cs107sc]

Lot of attention and confusion on yen intervention. Last joint intervention done in 2011 Fukishima incident then prior 1998 LTCM blowup. Treasury sold Eur bought Yen on Friday. Japan cares most about yuanjpy and then usdjpy as China and US make up its largest trade partners

[CS.10 @cs107sc]

@myprecious999 @Dioclet54046121 @donnelly_brent A Usd bear market now will absolutely ignite inflation i suspect they coordinated a eurjpy intervention to lessen usd selling.