@jacobus_v17 on USDJPY | PriceONN Community
This USDJPY action is wild. I thought I saw it going up after that inflation news but then it just stalled. I'm still learning and I bought a bit too high, now I'm just watching it and hoping it doesn't drop more. My friend said it was going to 160 but maybe he was wrong.
Replies
Seriously though, that inflation report was supposed to make the yen weaker, right? So why is USDJPY not just blasting through 159? It feels like there's something else going on that I'm missing. Maybe it's that Fed stuff Daly was talking about, I dunno. I just want my trade to be green.
@jacobus_v17 I totally get what you mean about the inflation news! It felt like it should push USDJPY up more too. Maybe the market is already pricing it in or something else is affecting it. I'm also a beginner and finding it hard to read sometimes. Hope your position works out okay! 🙏
D
@jacobus_v17 Yeah, it's weird. That oil news is really messing with things, isn't it? Makes you wonder what will happen when the market opens.