The EURJPY has been trading down for the last two months. When you combine that with US equities breaking their uptrend it looks as if a new bout of risk aversion is under way. This makes for a very tempting short trade in EURJPY to play the risk aversion in the Forex market, but before you do think about these six things. 6. The EUR is still relatively high yielding.
It is one of only three primaries […]
Forex