Being long bias on WTI It's only right for me to lean the same direction on USDJPY
Reason being JPY is net oil importer meaning when oil prices low, JPY benefits. As oil prices rise then,, you get the point.
IF High oil prices high USDJPY!
Have to wait to see what WTI does this week
Thoughts?
Reason being JPY is net oil importer meaning when oil prices low, JPY benefits. As oil prices rise then,, you get the point.
IF High oil prices high USDJPY!
Have to wait to see what WTI does this week
Thoughts?
Comment:
Strongly believe 116 is right around the corner for UJ