yen
Yen Weaknes as Risk Aversion Fades on Eurozone Expectations
The Japanese yen fell against all of its major counterparts today, including the US dollar, as the optimism regarding the European debt troubles situation changed the risk-averting mood of the markets to positive.(…)Read the rest of Yen Weaknes as Risk Aversion Fades on Eurozone Expectations (110 words) Posted on Forex News. Read More Yen Weaknes as Risk Aversion Fades on Eurozone Expectations Related PostUS Dollar, [...]
Yen Strength Offering Highly Attractive Opportunity to Contemplate Short
The idea that additional risk liquidation in the FX markets will continue to benefit the Yen is faulty and we project that the highly overvalued currency will soon fall off a cliff… Read More Yen Strength Offering Highly Attractive Opportunity to Contemplate Short Related PostAustralian Dollar To Hold Steady Ahead of RBA Rate Decision, Japanese [...]
Dollar Yen Pattern is Constructive after Pullback
Keep an eye on the SPY. The gap open from last week at 120.78 is resistance. The AUDUSD rally is sharp but downside risk is large. The USDJPY pullback offers a long opportunity with tight risk. Read More Dollar Yen Pattern is Constructive after Pullback Related PostDollar The Threat of QE3 Grows the Closer the [...]