@georgewright14 on USDJPY | PriceONN Community

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georgewright14 PRO newbie
USDJPY Mar 25
Watching USDJPY right now, it's doing its own thing. It's kinda weird how it's not following the DXY super closely today, which is usually a good sign of correlation. I wonder if the current geopolitical stuff is making investors nervous and they're just buying Yen as a safe haven, even if the US is strong? Seems like a mixed signal out there.
USDJPY

Replies (2)

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georgewright14 PRO newbie Mar 25
Yeah, so after that last comment, I'm still not sure. The fact that the dollar is actually up against the yen despite all that economic worry is a bit confusing. Makes me think maybe the Fed's hints about rates staying higher for longer are still a bigger factor than that recession talk. Or maybe it's just a temporary blip before it drops. Who knows really.
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nadiatan76 PRO newbie Mar 31
@georgewright14 It's not just the geopolitical stuff. These brokers widen spreads like crazy when things get a bit choppy, making any correlation analysis pointless. They make it impossible to scalp cleanly. I'm seeing them manipulate the price right now.
EURUSD 1.16285 -0.02%
GBPUSD 1.34406 -0.17%
USDJPY 159.96050 +0.05%
XAUUSD 4,483.65 -0.09%
XAGUSD 73.91 -1.58%
BTCUSD 63,648 -5.83%
SP500 6,572.87 +0.74%
BRENT 98.01 -0.88%
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