with congress having to have dumped a water bucket on Yellen.. there's a good chance it will happen again & people will turn to the -Euro-. -JPY-Gdp- M/M & Q/Q is this coming sunday & it's expectations are HORRIBLE.. Also -china- will release trade balance that day as well & its expectations are horrible.. I've check the Japan bonds, the Nikkei & found nothing as 2 why its been appreciating. I'll do more digging. Please know the purpose behind BOJ going into negative rates.. BOJ wants people to spend money while its collecting money.
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it bounced off trend support.. im looking to buy at 126.4 -126.8 level
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order is in at 126.35
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Exited with 120 pips =)
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figured Draghi speech was 3.3 GMT.. ooh well ill be looking to get back on this if his speech is good.
with a Negative Interest Rate" is the most powerful monetary policy framework in the
history of modern central banking.