Daily Alert – Wednesday 3rd July 2024: Trading USDJPY again…

Mark NugentDaily Alert, July 2024

Daily Alert – Wednesday 3rd July 2024: Trading USDJPY again…

Good afternoon.

Yesterday, German inflation made a solid move down towards the ECB’s 2% mandate. Today, inflation is not quite so compliant at the eurozone level.

Hurricane Beryl is pushing up oil prices as it (she?) sashays past Jamaica on the way to Texas.

The poor old Yen continues down. I trade it.

More detail in the video.

I’ll be back tomorrow with your Performance Report for June and YTD.

VIP Club members can see today’s video, all brief trading videos, the Monthly and YTD Performance videos, the Trading Video Course and download the MTM Indicators software HERE