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USD/JPY – No Fresh News On This Sell-Off
There’s been nothing new across the newswires to trigger the USD/JPY selling. We are running into cross buyers (i.e. Buying against the Yen) now. Some are pointing to news of 3 Chinese ships entering waters near the disputed Senkaku Islands. Latest I have is this occurred on Saturday morning, and selling USD/JPY on this seems a little far-fetched. Nevertheless, USD/JPY has been hit hard.
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- Jan 20, 2013 8:27pm Jan 20, 2013 8:27pm
- almonleng
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- Pip Anon
- Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
When the facts change I change my mind, what do you do sir
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- deanbo
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Pity the fool who thinks they'll make it overnight...
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Play the players, not the cards.
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