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Choppy conditions, Safe Havens gain

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Traders have been met with choppy conditions this morning as earnings season kicks off and the strength of the yen continues to confound. Japanese stocks traded south, Nikkei and Topix lost 1.30% and 1.61% respectively. Money continues exiting Japan for the 13th straight week, almost 36 billion dollars worth of stock have been sold. But the yen strengthened for a seven day in a row in Tokyo. The USDJPY hit a fresh 17-month low of 107.62 despite the outflowing cash. This simply means that

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