Yen demand prevailing again as European trading gets underway 8 Feb
Softer equity futures as per my earlier post and USDJPY now 109.53 from 109.79. I did say in the order board post I remain a rally seller and poised again into 110.00 or if we failed around 109.80 so I hope some of you took heed.
GBPJPY lower as is EURJPY to name but two and helping to cap core pair rallies. USDCHF dropping off further to 0.9430.
Good two-way trading still but ranges remain. Sell high, buy low or buy low, sell high and make of the most of it, but don't get greedy as sentiment can change quickly right now.
