The news seems to say it's because there's a shortage of affordable homes, but demand is ok. Sort of doesn't make sense.
Just wondering if everything is going to churn like this till Friday NFP. Thinking to take profits wherever I can get them and do something else.
Added more USD Jpy in the 70s. Long, long , long. If and when it breaks it could really move. It's been a wide consolidation.
Still long usdjpy. Was waiting for a retrace to get into Euro, never really got one. Frustrating but I'm still up at this point, which is the name of the game.
I'm still too slow to react when a market isn't acting right. I could see below 1.17 the lack of momentum in the euro after the initial push, just didn't want to believe it.
Short after some unsuccessful attempts. Short euro 1.1809, Aussie .7787, Nzd .7074, GBP 1.3206. Nzd and Euro biggest positions.