Short USD Long Yen Is the Hot New FX Bet During Trade War
Fundamentals point towards a bullish Yen and with recent Non-Farm numbers showing up lower than expected, we should see a rally in the Yen and a decline in USD pairs. It may not happen suddenly and take time before we see this happens, perhaps towards the end of the month, but if my technicals give me a signal before the news hits, then I am in. Anything can happen so I am also prepared to long this pair if underlying circumstances presents themselves.
Related publications
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.