USD/JPY & EUR/USD Forecast: 24 Hr Predictions

[eaboujaoudeh]

Where do u think those 2 cross currencies will go to for the next 24 hrs?
i say that JPY is going to go back to the 120's and still puzzled about the EUR/USD but apparently the EUR isn't going to show any sign of weaknesss anytime soon..what do u think?

 

[twisting_edge]

THe dollar's not done declining, but the market can always stay irrational longer than you can stay solvent.

The main issue with the dollar isn't the yen or euro, it's the yuan. That exchange rate is almost entirely up to the PRC. They have enough treasuries to tank the dollar pretty much whenever they want.

It'd flatline their own economy (China's foreign trade is 67% of it's GDP), and they have significant unrest, which would only get worse once their economy tanked.

 

[Architeuthis Dux]

I cannot make predictions about financial markets as it is not within my area of expertise. Predicting currency exchange rates involves complex economic factors and market dynamics that are constantly changing. It is important to rely on data, analysis, and expert opinions from financial professionals when making decisions about currency trading.