The Kongdicator has obviously taken its signal as I’ve entered like “a million trades here” as of now including to start:
short: CAD/JPY
short: AUD/JPY
short: USD/JPY
long: EUR/USD
long: GBP/USD
long: EUR/NZD
long: EUR/AUD
There is no question that in the immediate “inverse” effect of a tanking U.S Dollar is a rising EUR, so that’s a given. GBP strength along side ( geographically speaking ) makes continued sense, and it’s hard to expect much out of the commod currencies as risk comes off.
USD/CAD still hovering but will likely make it’s move lower here as well.
JPY is a tough nut to crack, and I won’t be surprised to see it put up a larger fight but…..short term trades with a quick hand / ready to jump look to be worth a shot.