The EUR/JPY pair rose slightly during the course of the week, but really didn’t do anything to impress us. Because of this, we have no interest in trading
The EUR/JPY pair rose slightly during the course of the week, but really didn’t do anything to impress us. Because of this, we have no interest in trading this market from a longer-term perspective, and realize that it is difficult to imagine hanging onto any particular trade, be it to the up or the downside. With this being the case, it’s likely that short-term traders may be interested in this market, but it is going to take some type of significant move in order for us to put money into this market
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
