HOME

[prisna-google-website-translator]

MY.BLOGTOP10.COM

이 블로그는 QHost365.com 을 이용합니다.
도메인/웹호스팅 등록은 QHost365.com

USD/JPY dip buyers don’t hesitate

돈되는 정보

Today’s price action highlights how big of a problem that Japanese authorities have on their hand. Even with a broader US dollar selloff on weaker economic data and dipping Treasury yields, USD/JPY barely blinked.

USDJPY 10 mins

The pair fell to 154.58 and that 20-pip decline was plenty for the aggressive buyers of the pair who are betting the MOF won’t intervene. Moreover, it highlights that fundamentals are backing the pair and will make it very tough for anyone to block the path above 155.

Now I think that eventually the US economy will cool and the Fed will cut but it’s going to take more than today’s soft-ish S&P Global PMI.

MoneyMaker FX EA Trading Robot