This week has seen the yen take major hits across the board. Is this the end of the carry trade fallout? Or is this just a head fake in expectation of positive employment data?
Look back at USDJPY in the long term, all the way back to 2007, and you will notice that it has broken that long term down trend. Meanwhile, EURJPY and GBPJPY are pushing up on former support levels and we have AUDJPY […]