NFP week and -0.10% Japan interest rate thoughts
Japan interest rate is at -0.1% vs UK interest rate 4%
Where will large funds being swinging to, for better yields?
Is there a possibility that an investor from Japan borrows money from local bank at very low interest rates, invest it in foreign asset classes for profiteering purposes?
What will happen to the desirability of Japanese Yen vs other G7 currencies with higher interest rates e.g. Europe, USA, Canada, Switzerland, Australia & New Zealand?
Technical wise, beautiful consolidation taking place above H1 Imbalance, slowly creating bullish structure. Guess what will likely transpire this/next week?
Having said that, several US high impact news this week and NFP Friday. Its going to get rough and wild.
By Sifu Steve @ XeroAcademy
Where will large funds being swinging to, for better yields?
Is there a possibility that an investor from Japan borrows money from local bank at very low interest rates, invest it in foreign asset classes for profiteering purposes?
What will happen to the desirability of Japanese Yen vs other G7 currencies with higher interest rates e.g. Europe, USA, Canada, Switzerland, Australia & New Zealand?
Technical wise, beautiful consolidation taking place above H1 Imbalance, slowly creating bullish structure. Guess what will likely transpire this/next week?
Having said that, several US high impact news this week and NFP Friday. Its going to get rough and wild.
By Sifu Steve @ XeroAcademy