US equities have marked a critical break and extended the selling, adding speculative and fundamental weight to a larger risk aversion move across the market. There are plenty of well-positioned pairs that can take advantage of a sustained 'risk off' move like the EURJPY and AUDJPY. Yet, in this supposedly significant move, we have not seen the Forex market's preferred safe haven - the US dollar - gain traction. Why are EURJPY and EURJPY deviating? Is this a catch up move or are risk trend actually flimsy? We discuss this and more in today's video.
New to FX? Watch this Video
Sign up for John’s email distribution list, here