the roller coaster ride continues, both stocks and Yen strong today, that is not right
Yen looks ready to takeover the #1 spot
Not going to happen
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We ended the week with a lot of green
US markets look like they will go higher from here, that should mean yen weakness and the USD finally gives up its death grip on the #1 spot
Another strong day for US stocks and Yen pairs , S&P hit a new all-time high, Nasdaq is knocking on the door of a new high.
We have the first new #1 of 2025, This may not last long as the market is tight,
We also had a new all-time high in the S&P 500, this favors yen weakness
All Yen pairs except the USD were up for the week
This strong uptrend in stocks shows no sign of ending, this should be good for a risk on currency play
Turmoil in the stock market bled over to the currencies
Not much movement today, stocks recovered some of yesterday’s losses
It looks interesting. Have you tried to make a robot using a strategy?
Red day across all markets, JPY finally takes #1, and we have a three-way tie for last.
There is just no direction to this market, be patient, tradeable trends will return
If you ignored my advice about being patient and jumped into a long Yen position you were well rewarded today