What's new today?
Some dramatic JPY strength overnight is pushing JPY crosses into in the short zone. USDJPY remains in the strong short zone as it has been for the last few months. GBPJPY has edged its way into the short zone, and although still in the neutral zone, EURJPY is not far behind. Developments with the Fukushima Nuclear plant could have a major impact on overall JPY positioning.
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US Govt deep in debt doo-doo, they prop up the bankrupts of WS, property tanking again... Trade Against the Establishment ....feels good too so get it On like Donky Kong ;)