claydoctor

Euro down, Yen, Dollar up from here

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FX:EURJPY   Euro / Iene Japonês
2
So here it is...
Friday's inflation report for Japan Friday, critical. If Japan reports expectations... rising inflation
Yen will strengthen because rates will go up to fight it. Germany, well, they are scared of the opposite Deflation, and will fight to devalue Euro. 1st there was Obamanmics, then Abenomics, now Draghinomics. Dollar devalued has been inflation just govt media controlled hiding it best they can. Japan will find same result, but with more open govt, numbers will hit hard, and while Euro fighting deflation, they will devalue until same result eventually. So Inflation coming both US and Japan, and coming what will seem sudden, but not really. So markets going down, rates up in Japan and US. Euro markets will try to thrive, but will lack results reached by US and japan because they will not have anyone to sell to but themselves. Might be a grind down until 2nd qtr earnings starts in July, and bulls hoping that will be a good thing, but not so fast my friend.
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