AUD/JPY surge on the Trump tweet – risk favourable

News

If you are a noob and wondering what it is that moves markets, ask yourself the question:

Is it two data points indicating the health of an economy of a country of 126+ million people?

Or, is a tweet of the whims of one guy?

Yes, correct, its the tweet guy.

The message of the tweet, I take as, the continuing sings of a slight thawing in US – China relations. Will it last? My guess is no, but now is not the time to be sceptical, its happy time! 

Risk positive, AUD benefits and yen declines. AUD/JPY a winner:

ForexLive

Leave a Reply