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Currency Trading Signals Catch a Powerful Japanese Yen Rally - What's the Next Trade?
Thursday, 02 October 2008 18:59:22 GMT  |  David Rodriguez, Quantitative Analyst
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Our Forex Trading signals accurately forecasted that the Japanese Yen would gain aggressively against the Euro, US Dollar, Australian Dollar, and Swiss Franc. Indeed, the trading signals sold these major Yen pairs as of Friday and Sunday’s trading sessions—a prescient move given extraordinary Yen gains. Despite the US Senate’s passage of the proposed US Treasury bailout bill, the Dow Jones Industrials Average continues to drop, and fragile market conditions may indeed continue to boost the low-yielding Yen against higher-yielding counterparts.

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Keep track of the next great Japanese Yen trading signals and others on our Forex Buy/Sell Signals on DailyFX+ and be sure to monitor any updates, as our automated forex signals can and do change on a daily and intraday basis.

For more information and guides on using our DailyFX Buy/Sell Signals, see our Weekly Forex Trading Strategy Outlook report.

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