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Don't Forget the Yen
Much ado about USD rebounds during falling markets, but JPY strength still outperforms USD.
I just went short EUR/JPY at 124.14.... With a take profit at 123.60.....
I hope my call is correct.... Wht do say abt this Ashraf....
AVG
usd/jpy struggling, indicating a pullback in equity markets is looming. Call the PPT!!
The PPt did it's job of saving the U.S. stock market (temporaril;y) of further declines. Now the idiots can poor into risk like lemmings follwing the Pied Piper over the cliff.
Nikkei up 3% so far today.
WEATHERMEN ANALYSTS pounding the table for auusie, cad, kiwi, eur, gbp, gold. They say BUY, BUY, BUY.
But Friday before 11 am NYT they were crying SELL. SELL, SELL at 130 pips lower on each currency.
The WEATHER MEN ANALYSTS playing their role too perfection. Telling us which way the wind is blowing, then call for prices even firther out in THAT direction.