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

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    April 11, 2016: The GBP is the strongest. The JPY is the weakest. As NA traders rub the sleepy stuff out of their eyes and prepare the new trading week, they are looking at the and the JPY as the weakest. The GBP has been the beneficiary of GBPJPY racing higher. That has helped drag the GBPUSD and EURGBP along with it (EURGBP lower). The JPY has a lower stock market but honestly, apart from the move in in the GBPJPY, the changes are fairly close to the levels from Friday (although NZDJPY is moving higher after a dip during the Asian pacific trading session.

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