GBPJPY
The Japanese Yen may get a boost if market-wide risk aversion grips investors amid turbulence in the US$3 trillion leveraged loan market. With the Fed intent on raising rates in 2022 and halting its bond-purchasing program, loans made under an easy-credit regime may be in trouble. As a result, the appeal of the anti-risk JPY and haven-linked US Dollar may rise.
We caught a buy setup from our zone here. Let's see how the news affects this pullback.
We caught a buy setup from our zone here. Let's see how the news affects this pullback.
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linktr.ee/Tkprophet
linktr.ee/Tkprophet
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Join our Community Learn, Earn, and Grow!!
linktr.ee/Tkprophet
linktr.ee/Tkprophet
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.