AUD,NZD/FXWW News/GBP crosses/Trade Ideas

Yen crosses break higher as risk sentiment improves

My stop-loss order was eventually triggered in EUR/JPY and it looks like the Bernanke testimony is signalling an improvement in risk sentiment. Stock markets made decent gains again and the market’s seem to be breathing a sigh of relief that their lifeline won’t be cut off anytime soon.

I’ll have a look at the individual currencies shortly but I’m now very strongly in the buy-dips club for AUD/USD, NZD/USD, and cable.

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