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The strongest and weakest currencies as NA traders enter for the day

Discussion in 'Technical Analysis' started by ForexLive, Jan 11, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    AUD is the strongest. JPY is the weakest. The strongest currency as NA traders enter for the day is the AUD. The JPY is the weakest. This combination is a departure from what happened last week. Most days had the JPY as the strongest on flight to safety flows while commodity/risk currencies were hit. Chinese stock markets were still hit - and hit hard with the Shanghai composite down a whooping 5.33%, but the European equity markets are positive. The US pre-market prices have the S&P futures up about 7 points, and the Nasdaq futures up 14 points after last weeks, 1st week of the year tumble.

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