Ok. So, here’s how it’s unfolding. Mid day.
- JPY took that session. + 2.68%
- EUR lost that session. -2.2%
Head to head, for the top place, the JPY took 'em out. Also, changed the top biggest spread, for the month. I mean, just look at that purple. Yesterday they started the action, and upended the EUR. Interesting. See, this how it’s all unfolding. And we are coming to the end of the month. Well, sort of.
Looks like the EUR’s last stand was the start of the day, only to drop on out. Well, that is how the market likes to do things. You know, the bounce before the fall.
I noticed this also. Take a look. This is what’s going on down below (table). I zoomed out so you can get some kind of idea of the movement happening.
Purple. JPY. And well, you should be able to realize that the more pairs towards the top means that they have more demand, aggregately. Count how many yellow’s (EUR pairs). Was been like 4 - 5 lately. Well, not anymore. The purple’s are moving up, and getting to be a little more. I’m sure if you look at the whole table, you will definitely get the idea.
Remember, we need end of day numbers to confirm real change taking place. Must keep the perspective.
Oh, I forgot. Look up at the USD. They dipped down into negative, but not for long. Popped back up to 2.19%. Interesting. They are not completely being sold off…just yet anyway.
Also the GBP. Flirting with the positives. We just have to see how the day ends. It’s just some kind of perspective, looking forward, that’s all.