Why the JPY May Be the Best Buy Near Term!
Andreas Steno Larsen joins Blake Morrow and discusses many topics in this interview.
Andreas discusses the current recession calls in the USA and believes that we are already there. He also talks about the FOMC and when they could possibly pivot into a more dovish stance.
Andreas also discusses the ECB and the fall in the EURUSD. He has some near-term targets below parity but also believes that the EURUSD “short trade” may be crowded near term.
Andreas also talks about the BOJ and why he believes the JPY may be the “best long” in the currency market at this time. He also talks about why he may be looking to buy the Russell 2000 over the Nasdaq if the Fed does pivot.
//SPONSOR – EIGHTCAP ✅ https://www.eightcap.com/en/?cxd=3624…
Eightcap was founded in Melbourne, Australia, in 2009 with a simple, clear mission: to provide exceptional financial services to their clients. The broker is committed to building a home for MT4 and MT5 traders. This fundamental principle remains at the core of everything they do at Eightcap, and they believe staying true to it is pivotal to their success. Now with five offices across the globe and regulation in multiple locations, they provide clients worldwide with the ability to trade on a broad range of markets across FX, Indices, Cryptos, Commodities and Shares.
They are an award-winning broker who is focused on traders security and peace of mind. They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for traders to trade on. That’s why they have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards and, more recently, been named the Best Crypto Broker at the AtoZ Market Awards, 2021.