The pound looks set to go back to previous high levels. Many, including the experts on bloomberg, are now predicting that the dollars bullish run has come to an end.
The only currency the dollar did not gain on in the last 8 months, has been the yen. This is due to the Yen being counter cyclical. Basically if the world is doing well then Japan and the Yen is doing bad.
The opposite applies as we have seen with the strength of the yen in the last 8 months. There was 150 points available today on a two hour trade using the 1 hour strategy on FX taught by Investment mastery https://wealth.infusionsoft.com/go/SMP/KO/
But I also got into oil and took 32 pips and an additional 15 points on the Ftse. The markets did not move at all yesterday. But this morning crude oil woke up angry and all currencies had major moves.
I hope you caught some!
The only currency the dollar did not gain on in the last 8 months, has been the yen. This is due to the Yen being counter cyclical. Basically if the world is doing well then Japan and the Yen is doing bad.
The opposite applies as we have seen with the strength of the yen in the last 8 months. There was 150 points available today on a two hour trade using the 1 hour strategy on FX taught by Investment mastery https://wealth.infusionsoft.com/go/SMP/KO/
But I also got into oil and took 32 pips and an additional 15 points on the Ftse. The markets did not move at all yesterday. But this morning crude oil woke up angry and all currencies had major moves.
I hope you caught some!
No comments:
Post a Comment