We run through the same generic principles as we would for any pair we're looking to get a position on kagein.
Rate differentials & impending int rate news which might impact the pair.
Specific regional fundamentals affecting each of the opposite pairings (British economic outlook v/s Japanese economic outlook etc)
Equity market flows (risk aversion - particularly relating to EURJPY)
That daily diet of information is readily available via various sources to most folks if they wish to avail themselves.
Although not really necessary for everyone, we also access newswire & squawk facilities which afford us instant & breaking news snippets, rumors & bits & bobs of order flow traffic etc which get bounced around during a typical trading day.
We get a decent feel for what's what out there through our daily contact base too, but again - it's not particularly necessary for the average player in the most part.
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