Very much in learning phase and have been watching the recent markets reactions to interest rate, employment figures etc and seeing how it can knock charts about.
There are a couple of things I cant fathom however.
Why after the earthquake in Japan did the Yen strenghten so dramatically, especially with the BoJ printing so much money ? Is it an expectation of inflation rising in Japan ?
Why this morning with G7 intervention did the USD/CHF soar a 100pips ? Even more strange to me as the UN decision on Libya, I would have thought, send money to safe havens (such as the CHF ?
Inputs and opinions would be most welcome.
There are a couple of things I cant fathom however.
Why after the earthquake in Japan did the Yen strenghten so dramatically, especially with the BoJ printing so much money ? Is it an expectation of inflation rising in Japan ?
Why this morning with G7 intervention did the USD/CHF soar a 100pips ? Even more strange to me as the UN decision on Libya, I would have thought, send money to safe havens (such as the CHF ?
Inputs and opinions would be most welcome.