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The strongest and weakest currencies as North American traders enter for the day

Discussion in 'Technical Analysis' started by ForexLive, Jan 7, 2016.

  1. ForexLive

    ForexLive Forum Member

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    January 7, 2016: JPY is the strongest. AUD is the weakest Different verse. Same as the first. The Chinese stock market had its 14 minutes of fame today. That is how long it was opened. And in that time the Shanghai Composite fell 7.04%. The yuan moved lower again but then there may have been some intervention to slow the currencies decline down. The JPY pairs on the sound of the bell sold off with the equities in what has been the Pavlovian reaction in the new trading year and the indeed the JPY takes the lead on the snapshot table of strongest and weakest currencies as North American traders enter (see below).

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