Yep …. its at it again.

USD/JPY just ticking over to another new high. Trend is your friend and all that, yeah?

We had data this morning showing a good improvement in Japanese exports. But the weakling that is the yen just gets sand kicked in its face again. USD/JPY did see a 30-odd point drop but its come back higher than before now:

usdyen new high

I’ve posted this before …. great song … and pertinent. Turn it up!