The Japanese Yen has been one of the major winners from the current stock market rout. This traditionally risk-off currency has benefited in August and September as the world's stock markets entered a correction phase. In August the USD/JPY fell by 274 pips while last month the pair lost a further 120 pips. We are currently consolidating within a larger downtrend, this is generally a trend-continuing pattern.
I expect that this downward trend will continue going into October. Seasonally, we see …
阅读全文
翻译为 英语 显示原始