USD/JPY reminds us of what time of year it is

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USD/JPY reminds us of what time of year it is

USD/JPY plunged early in New York trading but has quickly erased all of those losses as Treasuries chop around.It's a reminder that in the week betwee

USD/JPY plunged early in New York trading but has quickly erased all of those losses as Treasuries chop around.

It’s a reminder that in the week between Christmas and New Years that any attempts to make sense of FX moves are a fool’s errand. Also that trading with a tight stop loss is a dangerous game.

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