IF YOUR JUST GETTING SHORT NOW, WATCH OUT!
POSS BOUNCE, BUT UNLIKELY.
BREAK OF CHANNEL TO THE DOWNSIDE ACCELERATES THE MOVE LOWER.
REASON BEHIND THE CURRENT JPY STRENGTH IS THAT JAPAN PLANS TO CUT THE PRIMARY DEFICIT, TO STOP POTENTIALLY FATAL SPIKE IN JGB YIELDS.
STUDY: the-japan-news.com/news/article/0000432692
LOOKING FORWARD, BOJ DISAPPOINTMENT TOMO COULD SEND IT LOWER.
POSS BOUNCE, BUT UNLIKELY.
BREAK OF CHANNEL TO THE DOWNSIDE ACCELERATES THE MOVE LOWER.
REASON BEHIND THE CURRENT JPY STRENGTH IS THAT JAPAN PLANS TO CUT THE PRIMARY DEFICIT, TO STOP POTENTIALLY FATAL SPIKE IN JGB YIELDS.
STUDY: the-japan-news.com/news/article/0000432692
LOOKING FORWARD, BOJ DISAPPOINTMENT TOMO COULD SEND IT LOWER.
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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.
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.