Is this Yen Carry Trade Finally Over? Bad News for Bulls

This morning something interesting happened. There are a very strong ISM number that came out that ramped the already up dollar and devalued the yen even more. Of course that hit the euro and other commodities.

Gold – https://www.tradingview.com/x/HfuooWFL/

Euro – https://www.tradingview.com/x/viDURo2X/

Then, look what happened to the Dollar and Yen.

Yen – https://www.tradingview.com/x/xMIasXot/

The Yen devalued and hit the highs and then reversed and got obliterated giving back all of the overnight gains.

If this Euro holds this rip off the lows and the dollar pulls in hard you will have a lot of people confused in the coming days.

screen-shot-2017-01-03-at-5-44-08-pm

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One response to “Is this Yen Carry Trade Finally Over? Bad News for Bulls

  1. Pingback: “What are the Odds” – The Closing Prints – Weekly View | The Big Breakout·

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