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    This blog consists of contributions from FX EDU staff, executives and people that have a relationship with FX EDU. In spirit of a blog, the posts are conversational and opinionated. However, they are not official FX EDU policy and not double-checked for facts. The authors are providing information that they believe to be true or opinions they hold. To verify information or check official FX EDU policy, please contact FX EDU through the firm's official website, www.fxedu.com.

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    AUD/JPY is down over 5% on the day!

    By Sean Hyman | April 20, 2009

    AUD/JPY is down 5% today alone! Wow, what a correction….NZD/JPY down over 4%…AUD/USD down over 3.6% on the day now! So the downside momentum on the day is about double the percentage gainers on the day today. The strength of the yen today is amazing….when these yen crosses went up recently, they did so fearlessly. However, the corrections have been rather swift. So the use of stops are very, very important here. 


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    Topics: What To Look At In The Market | No Comments »

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