JPY: Three drivers behind the fall | Forex Factory

  • JPY: Three drivers behind the fall

    From think.ing.com

    USD/JPY has just hit the 112.00 mark, moving towards levels last seen in December 2018. Along with a generalised strong-dollar environment, the yen has been the target of markets selling interest in the last few days, triggered by three main drivers. 1 Shifting from short-term to longer-term Covid-19 fears Firstly, fears around the Covid-19 virus seem to have partly eased. Figure 1 shows the number of globally confirmed cases and deaths, which seem to have decreased their rate of growth, or if anything, have not accelerated further. The feeling is that markets are shifting their worries from the short-term (i.e. an ... (full story)

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OnlineAddict
Feb 20, 2020 1:33pm
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I love these analysts...none of them knows whats going to happen, but after a move happens, they all know why it happened.
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nbfx
Feb 20, 2020 2:06pm
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Quoting OnlineAddict
I love these analysts...none of them knows whats going to happen, but after a move happens, they all know why it happened.
Yup. Couldn't agree more. Nothing so complicated (inconvenient) as timely, factual and relevant news.
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here2there
Feb 20, 2020 11:51pm
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Quoting OnlineAddict
I love these analysts...none of them knows whats going to happen, but after a move happens, they all know why it happened.
That's true! Lol
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Devas1
Feb 20, 2020 10:34pm
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[quote=OnlineAddict;12766184]I love these analysts...none of them knows whats going to happen, but after a move happens, they all know why it happened.

I know you dont know squat. I remember you bashing the dollar and all its done was rally. You left so many sheep broke.
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Abubakar5051
Feb 20, 2020 11:38pm
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the best indicator to trade is you that why i dont fucking care about some shit news, i plan my trade and trade my plan simple as A B C
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