I had mixed results betting on Yen strength yesterday. My EUR/JPY and GBP/JPY shorts are up around 20 pips but my USD/JPY short is down 90 pips. Clearly this means that the fall in EUR/JPY and GBP/JPY was the result of EUR/GBP weakness and not Yen strenght.

I am sticking with my view but I will not initiate any new positions going into today's NFP data.I will likely tighten my stoplosses as we get closer to the release time. I've had bad experiences trading the US Jobs data in the past so I will sit this one out. I may even miss trading on Monday, as I've found that the day after NFP can also be unpredictable.
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