Loads of /JPY pairs were affected on Thursday and Friday. There's hardly anything I can find on this in mainstream media. It's either the Yen went south or 'everybody' else decided to power up their respective other currencies.
I don't know what exactly happened. If anybody else knows do share with the community.
The NASDAQ tech 100 index probably rules most of the world. How?
It heavily influences stock markets around the globe. The JP225USD is pretty sensitive to what happens on NDX and the US30 aka Wall Street. A fall in the tech 100, usually sees a rise in the strength of the Yen, which then has knock on effects on other currencies.
What's on the chart?
1. Signs of...
