Hi There,

I've shorted a lot of postions from the aforementioned pair all the way in 154 to 150.91. Over the last couple of days the pair has retracted up and then back down to what everyone says its lows and the carry trade unwinding is completed.

The pair now climbed back nearby 152.80ish and now sits in and about 152.70. Against alot of indiion otherwise from economist- various sites I still firmly believe that the yen will rise again hitting regions of USDgt;JPY about 115 and the Pair back down about 151.00.

Any ideas or opinions on this would be much appreciated.

Btw I am brand new to this forum so hello to everyone.

Thanks