JAZES's Posts
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Are we there yet ![]() |
@poster, SMH |
After weeks of rhetoric from the new Noda administration, the Japanese Ministry of Finance has finally intervened in the markets after the yen hitting a record high of 76.54 earlier today. Although no statement has been made about the size of intervention or target rate, the spike seems to be pivoting at 79.000. New Finance Minister Jun Azumi pointed to the intervention was due to “strong signs on speculation,” including “not reflecting fundamentals of economy.” Other notes he made in the press conference shortly afterwards include: “Japan will continue to intervene until satisfied” “Currently commutating with overseas authorities” “Yen rate needs to reflect fundamentals, make sense” “Yen not reflecting fundamentals distorts economy” This has been the third time that the Ministry of Finance has intervened in the currency markets to temper the strength of the yen, hurting the competitiveness of the export economy. Japan has previously conducted this action on March 18th and August 4th of this year. As with previous times, the intervention was taken only by the central government and without the assistance of the Bank of Japan. |
SAKUR:Sharp guy. The intervention of the Japanese govt has already give out over 400pips for UJ and EJ, though i dont trade those pairs but i dey enjoy my sell ride on EU,GU and AU. What a way to start the week. ![]() |
The issue of security should not be taken with levity at all because there are so many vultures online waiting to descend on you at any given opportunity. |
*databoy:Like i said earlier 1% may look very small now but if they see the project as a long term thing and keep their overhead cost within their little means and focus on marketing and outstanding customer service. Trust me the sky will be the beginning for them in the next few years. |
moderatorr:My brother, i dont think one percent is too small if they can do their marketing well and of course if they offer a very good service. Once they get marketing and service right, volla then their one percent begins to make more sense. Imagine if they are doing about N10M volume/month. You do the calculation. |
Blog icon:Thumbs up man, keep up the good work. Am checking it out right away. |
Its all green today on GU and EU with over 300pips. The news release yesterday did the magic, trying to short those two pairs right now na suicide oo well except on strong key levels on the daily and weekly chart. My two cents ![]() |
sofeco:Same question on my mind |
I wonder when NFF and Nigerians will realize that there is no rocket science to success in life. When are we going to realize that what we need is not qualifications to tournaments but a team and to have a team we need a dedicated Coach that will go through all the muddy waters with the team he is building before they come out shinning out as Gold. The best Super Eagles team took westernhoff more than 4years to put together, the cameroonians that won AFCON back to back had the same coach for more than 4years, the same goes for the the Pharoahs of Egypt. The reason Naija remains the way it is is simply because we always want things to be done for us now. Instant gratification is the reason Nigeria is the way it is, just take a look at all the sectors in this country and you will notice there is none of it that has a long term plan. We want it now and if we dont get it now, then head must roll. There is no nation that is built that way. I WEEP FOR NAIJA |
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naijababe:GBAM |
Am launching a forex blog soon, where i will be posting FREE forex signals. I will let u guys in on it when its up and running. |
A very lovely day on EU and GU for the short move, ![]() A break of 1.3800 on EU , we will see a further push down to 1.3720's region and a break of 1.5890 on GU we will see a push down to 1.5854 first then a further push down to 1.5755. Am still down with short on gu and eu. |
Zeddicus: GBAM |
May the pips be with us all this week ooo. |
few hours to go. Are we there yet? ![]() |
@stagger, Are u serious about this bank wire thing? Whats the minimum amount they accept for wire? If this is true then its gonna solve all my google adwords wahala. Thanks man |
At least this one go bury fergie pride for a while. No be small thing at all. |
BABE!:Wow, spot on. I wish all ladies go get sense like this, then maybe just maybe this world would have been a better place. It bothers me when ladies begin to see guys as someone who is responsible for them just cos he has been sleeping with you as though the feeling is not mutual. SMH |
@2sexy, No i haven't tried zenith websurfer but i was using GT Naira mastercard until recently when they start declining it. I will appreciate it if you can link me up with your friend. Thanks |
If there is anyone out there that runs a google adword account, i will like to know the card that you use in Naija to pay on your google adword account. Thanks |
@2sexy, Do you run google adwords? If yes, what card are you using to pay for your adwords account? Thanks |
Passion is key in maintaining a blog no matter d niche you venture into. Put Content first, back it up with quality marketing and the sky will be the beginning for you. |
cristog120:GBAM I comot for buy with nice profit and enter sell. |
lol memory memory, all rushing back to me now. How can i ever forget uncle joe? omotonice:I can never forget this episode ![]() |
naijababe:@naijababe, send me a copy to jas1042002@yahoo.co.uk |
Risk currencies opened with a moderate gap lower after the G20 summit, suggesting that markets remain skeptical to any new European developments. As Greece has yet to receive its next tranche, Troika officials continue to review the scale of its proposed budget cuts, which are still under the proposed amount. The most likely proposal currently remains using the EFSF to maximize its benefit by continued purchase of peripheral debt, while continuing to recapitalize and back up banks holding the largest amounts of Greek, Portuguese and Italian debt. New rhetoric from this weekend focused mainly on preventing contagion from spreading to other European countries in case of a Greek default or forced haircut of its lenders. Bank of France Governor Christian Noyer also noted that EFSF funds are sufficient for Greece, Ireland and Portugal, before adding he “excludes possibility of default by Italy and Spain.” Although there was no large change in the ongoing discussion between the US and China on the value of the yuan, talks between the two nations were relatively muted during the meeting. The US House of Representatives have delayed voting on the Chinese Trade Bill passed last week by the senate, with Speaker John Boehner pointing to the proposed legislation as a “very severe risk” to the global economy at this time. |
Are we there yet ![]() EU up by 45pips, GU up by 32pips. All buy trades |
GU and EU still going up for sure, however am going to watch out for 1.3925 for EU for d first major resistance and 1.5866 for GU. |
swiftz:Thank you ma. Heard you are a lady, i hear ni ooo. ![]() Zeddicus:Yes o, my oga. In case you need, just buzz me on ma line on the site. just tell me from nairaland and we go work out something. Blog icon:No worry i go let you know once its launched man. Infact na the whole house i go open am to |
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