$USD/JPY (USDJPY.FX)$ Considering that there are consecutive...
Considering that there are consecutive downward candles on the hourly chart from 156.5 yen, and the decline is starting with a lag behind the US economic indicators, it seems to be a deliberate drop.
Only the yen pairs are dropping compared to the Dollar Index, so the culprit seems to be the unpatriotic banks lol
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Riresa : Haha, I see!
レナ一リーン : Probably the cancellation of the yen carry trade leads to selling funds in US stocks -> buying yen to repay yen-denominated debt. It's just that US interest rates have risen too much. If US interest rates remain stable or fall (as long as there is no significant deterioration in economic indicators), trading will resume and the yen will weaken.