If the Risk On continues, the CAD will benefit with the rest of the NZD and AUD, so the USD/CAD may have a good chance to continue down with the Trend. The bad thing it is unknown whether it will happen from here 1.25330 or maybe from a bit higher ...

This agency was given way too much power, as far as I am concerned.

Very good Article. If the Japanese themselves do not view their currency as safe haven, why should other investors do? The safe heaven function of the JPY is probably more to do with have against inflation, rather than other world problems. So Gold ...

We even see JPY taking the center stage of the uncertainty. So if the worst pairs to trade are UJ and UC because they counter act to each other. Then long USD might be EU and GU. Just thinking.

Yes, but we are not in a war, nor the US will be. Have said that, Risk Off situation because of uncertainty could help the USD long. GBP and Euro are in trouble. NZD and AUD are not tracking very good as well. So USD and CAD remain.

Hello Guys, how could we have profited by the news? This is the real question. Thanks.

Agree with all comments. lol

Its continuation of free money, why do we even have them, that is another point. I guess bet on EU index. Its the third economy to go into the negative interest rate.

If Stock Market starts a correction, watch out for the USD, it will go up with or without a rate cut or no matter what the FED does.

It seems that UK wants to exit EC only on their terms, which they will not get, so no brexit at all.

Hi TraderTero, point well taken for the USD, but for the JPY and CHF the situation is a bit different. Recently, I re-directed my view to look at it this way, going long JPY and CHF and USD is like going short on the DOW and S&P, its not going to ...

We have to be vigilant for potential news and fundamentals which have the power to subdue the raise of the USD, ultimately no one benefits from a strong USD or JPY.