claydoctor
Short

EURJPY no where to go but down

FX:EURJPY   Euro / Japanese Yen
31 0 0
Friday Japan announces inflation numbers. Their wages are down, prices are up, all that currency weakening, and the new tax, is showing up in the numbers. Be careful what you ask for, you might just get it. Now what will Abe             do? This pair may cross the trend resistance before Friday, meaning "they know" and this the announcement might be old news to traders. If they raise rates, Oh Boy, might signal to the world, that the gig is up, and Yellen will have to come clean and say the US has had inflation for a while also, just tried to hide it and deny. Iraq ISIS             does not care about the timing of our issues, and an oil             spike could de rail all the best laid plans, which is looking more and more the case. If Iran becomes buddies with Southern Iraq, and keeps the US out, maybe they will be wishing they approved the Keystone pipe line sooner. 3 Mil barrels a day is still 3 mil a day.
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