possibly b'coz of yen. after 2009, they started printing yen(trillions of yen) just like USA so that their currency won't crumble when usa stops quantitative easing.
Now took long(scalp trade) in both(NF& BNF) with the SL of 11:10 PL low.........and if LOD breaks then will reverse my position and will go short below LOD in both( NF & BNF).........:thumb:
possibly b'coz of yen. after 2009, they started printing yen(trillions of yen) just like USA so that their currency won't crumble when usa stops quantitative easing.
It's not Rajan , it's something else which is working. He is not a magician & this situation is not going to change in one day. But US$ seems to cooling down for the time being but it can show it real colors of 70+ anytime.