on the other hand, even if the dollar scores pourly on economical factors it keeps pumping! You can say there is foul play at hand concerning the dollar particulary

That's not what I said! UJ going down meaning usd devaluate and jpy increase in value.

thought interventions would not be announced yet here he's announcing one. Wonder how low they will bring uj this time. But usa also announcing possible rate cuts which would bring uj down anyway. Together it would mean a decent crash of uj

shouldn't jpy be stronger? My short was taken out immediately

Economy recovered worldwide after the pandemic thanks to the enormous amount of money that has been put in to escape recession, this off course has a toll to be paid back in the near term. This was a good insight for me on the beige book though.

especially with the 120 pip spread on NZD pairs just to get my sl and go back to 60 pips threw me off, worst investing in my forex journey. Zahid Quraishi sounds like some one with sharia background and I hope he rules against them.

Then why the manipulation of the markets when other currencies rise in value due to higher rates. He makes no sense and should just raise rates

At least he died in a military action unlike "falling" of a roof or "sick" by radiation.

This could bring balance to the overwhelming power of IMF and the dollar but with so many different polical views in the BRICS I doubt it will last or they should come to some kind of mutual understanding and leave politics outside. Within the G7 ...

someones mommie is not going to be happy lol, should be interesting if musk ain't bluffing.

don't forget the Fitch downgrade to AAA, which imo has a stronger influence than the NFP.

japan made it clear they will not allow further weakening of its currency, forget ath because they will intervene

Nice drop on all jpy pairs, thank you very much. Raising interest rates now after cpi is cooling is good way to make extra profit from all foreign japanese companies profit. Hats off! Still need to see it in effect.

If oil jumps CAD might be in play too. Adding to watchlist

Can't imagine Wagner with nuclear capabilties, Libya, central africa , Mali and Syria could end in favour of Wagner. Eur might jump if war in Ukraine ends but with Wagner you never know.

"Well, here's another nice mess you've gotten me into." Putin probably. With NATO's article 5 and Wagner all he has left is Chechen fighters who will take Russia over from the moment they see a chance. I'm watching EUR very closely now in case of ...

i think todays drop was just a correction and jpy did not intervene yet, not before july after the banks meeting. Bears could end up with a bad surprise for the moment as usdjpy didnt move a lot. Also fear of an intervention makes bulls more ...

Japanese businesses abroad can make more money against a weaker Yen. After the gains are switched back to native currency then perhaps the Yen will appreciate and convert billions of gains out of nowhere, very smart of them.