The Dollar/Yen broke sharply on Wednesday in reaction to a steep drop in U.S. equity markets late in the session. …
So hedge funds have been borrowing the JPY and leveraging up and buying Japanese stocks ... component and a potential clue to both the Japanese markets as well as the US stock markets. A triangle is very commonly seen in the position …
In general, this tends to be a market that moves up and down with risk appetite, so if we can see stock markets start to rally again based ... Remember, this pair is also oversensitive just as the USD/JPY pair is.
The Forex pair weakened after President Trump announced tariffs on steel and aluminum, triggering a collapse in the stock market. The USD/JPY settled at 105.711, down 1.136 or -1.06%. Early in the week, the USD/JPY fell in reaction to a …
The USD/JPY settled the week at 108.757, down 1.380 or -1.25%. Triggering the demand for the safe haven U.S. …
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The British Pound was very noisy during the trading session on Tuesday as it reached as low as 1.3930 level but was able to bounce back. Right now both US dollar and the gold market is greatly influencing the market’s movement. The USD …