๐จ BREAKING: Trump says Russian diesel is going to THE ENTIRE WORLD not just America. โRussians are releasing it to the entire world.โ Meanwhile, after the U.S. lifted sanctions to ease prices, U.S. diesel futures are UP 2%+ TODAY. Relief? Not yet. ๐ข๏ธ๐๐ฅ #Trump#Diesel
๐งต 1/ Japan has a serious currency problem.
And today's inflation data reveals exactly why.
Let me break down what's happening and why FX traders need to pay attention.
๐งต 11/ Watch these:
๐ USD/JPY
๐ AUD/JPY
๐ Relative yield differentials
When these relationships start changing, some of the biggest FX opportunities emerge.
And some of the most crowded trades become very expensive to hold.