Disliked{quote} Its all about risk on/off...look at any of the yen crosses the last few days, ECB not adding more stimulus, IMF growth forecasts=equities,commodities,risky assets,carry trades DOWN, S&P 500 timidly broke a support friday. If risk aversion really gains traction it doesnt matter what the BOJ does or bad data from japan, you name it/jpy will go down, next to really fall will be the GBP/USD and aud/USD(true risk aversion trumps interest rate expectations or differentials) because the dollar is a safe haven, just not against the yen...of course...Ignored
- #48,946
- Oct 12, 2014 12:53pm Oct 12, 2014 12:53pm
- Joined Sep 2013 | Status: Trader | 2,999 Posts
"W. D. Gann said that time is the most important factor among all things."
- #48,960
- Oct 13, 2014 12:29am Oct 13, 2014 12:29am
- Joined May 2012 | Status: CoC'd again ! | 8,578 Posts
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo