3 Things to Consider When Trading Yen Crosses

Yen crosses are a whole different beast. Some yen crosses, such as GBP/JPY, are known to be action-packed and highly volatile. They can produce big, sharp moves and shower you with pips, but they can also chew you up and spit you out faster than you can say “Stopped out!” As such, you have to be extra careful when trading these currency cross pairs. There are three things in particular that you have to consider when trading yen crosses: 1. USD/JPY price action It’s not enough that you can spot

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