Market Talk – April 7th, 2016

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 8, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    The main topic again last night was the magnitude of the advancing Yen. Despite a convincing break below the 109 (and 108 in European trading) the Nikkei only managed to hold ground to show a modest (0.22%) gain on the day. The Shanghai fell over 1.3% overnight and only just managed to hold the psychological 3k level. Yuan was fixed 6.4716 which is marginally stronger against the USD. In late US trading the Nikkei has lost a further 2% whilst the JPY traded down 1.5% on the day to within a

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