Has anyone noticed this behavior of late, EUR/USD will be long as hell, GBP/USD also, and USD/JPY will not short, like it should during USD weakness, but just do it's own thing and violate technical rules, etc.?
I'm aware of various pairs' correlation, but it seems really strange, just lately. Correlation varies considerably based on real-time PPP anyway. Could it be carry trades, BOJ intervention, or what?
I'm aware of various pairs' correlation, but it seems really strange, just lately. Correlation varies considerably based on real-time PPP anyway. Could it be carry trades, BOJ intervention, or what?
"The time to act is when others show signs of tire." --W.D. Gann