Personally I think we will eventually move below 80 USDJPY, carry trade crosses should depreciate accordingly. Do the math
Nice calls Igrok. I am amazed at the speed with which we progressed I have to say. I had high hopes of getting more of a bounce from all the market interventions to get something to short into, but no dice.
Now it feels like the bounce may never come...which usually is an okay indication for it nearing.
This market indeed has had it's lights turned off.
Nice calls Igrok. I am amazed at the speed with which we progressed I have to say. I had high hopes of getting more of a bounce from all the market interventions to get something to short into, but no dice.
Now it feels like the bounce may never come...which usually is an okay indication for it nearing.
This market indeed has had it's lights turned off.
Trust price. Know yourself.