EURJPY = Regional Political Economic crisis vs JPYUSD bonds spry
Italy's politician now days are very similar with the final years of Romans, well, it is their ancestor, it is in their blood. They must burn like a flashing star before crashing into the ground, or 5 flashing stars...
EUR is under pressure, and investors are running away, Banks in Europe is not looking too sexy, and expecting bankruptcy if bubble breaks. On the other side of earth, in the east, Japan's bond base swap us bond carry trade has hit many stop lose point in all major institution, an estimate of 850 billion US bonds may slowly convert back to JPY.
EUR is under pressure, and investors are running away, Banks in Europe is not looking too sexy, and expecting bankruptcy if bubble breaks. On the other side of earth, in the east, Japan's bond base swap us bond carry trade has hit many stop lose point in all major institution, an estimate of 850 billion US bonds may slowly convert back to JPY.
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As Euro weakens, 125.x is the next target