Hawkish BOJ Pulling Yens, Continue Or Not?
Going into Monday we can see a risk on environment that hasn't faded.
Despite this, Yen inflows due to a more hawkish BOJ have pulled Yens lower.
This opens the doors to sentiment/tech trades on the basis of an easing FED VS A more hawkish BOJ.
Would only re-short for this reason on pops higher, as shown (blue arrow). Very careful on any longs.
Despite this, Yen inflows due to a more hawkish BOJ have pulled Yens lower.
This opens the doors to sentiment/tech trades on the basis of an easing FED VS A more hawkish BOJ.
Would only re-short for this reason on pops higher, as shown (blue arrow). Very careful on any longs.
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.