FXWW News

Apple shares still getting spanked; this will effect Asian FX pairs like JPY/KRW

Apple shares are 10% lower in after-hours trade and this will effect risk sentiment in Asian trade. Those who like the exotic crosses could consider buying JPY/KRW? The JPY will rally as risk sentiment turns and the Kospi could be hit hard thereby hurting the KRW?

  1. i am still long EUR/JPY at 117.80 but stop only at Y117.50 getting long in general but hoping that the China PMI can boost sentiment from lows here. I think that trade data helps USD/JPY when analysts get hold of it in Europe

    interesting times

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