@nehajoshi81 on USDJPY | PriceONN Community
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Ugh, another week ending and USDJPY is still pushing higher. This whole oil thing causing stagflation fears just seems like an excuse to pump the dollar even more. Friday's close at 160.30 is just ridiculous. I swear they just want to shake out every short position before any real correction happens. Next week is gonna be more of the same manipulation, I can feel it.
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Seriously though, this whole oil spike and dollar strengthening thing is so obvious. It’s like they’re printing headlines to justify whatever move they’re planning. They talk about stagflation and how it’s bad, but then the dollar just keeps going up. It makes no sense if you actually think about it. They’re definitely not letting USDJPY pull back any time soon. They’ll probably just push it to 161 next week and then blame some fake news event when it finally crashes. I'm just waiting for the next big rigged move.
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Hey @nehajoshi81, I hear you on this USDJPY move. Feels like it's just being pushed around based on whatever news they want to push that day. I'm also a bit worried about this dollar strength, especially with what's happening globally. Just trying to stay cautious and not get caught in any big swings.
@nehajoshi81 I totally get what you mean about the news. It feels like they're always spinning a narrative. Just gotta stay sharp for Monday's open.