The thought suddenly occurred to me that while I have been looking only
at the manipulation aspect, there is a possibility too that the data is
wrong and that the USD is in fact fundamentally weak.
I have been watching the USD/JPY go lower and lower all the while
reading about how the US economy is recovering and that the Japanese
want to weaken the Yen further. With all this rhetoric I am soooo amazed
at how this currency pair is sinking. All this strange movements are
making fundamental and technical analysis obsolete.
Bottom line is that there are other forces at work here. It certainly
makes no sense to speak of the USD being fundamentally strong and
technically weak so the only possibilities left are manipulation or
incorrect data. Go figure.
I hope that the growing number of traders questioning the market
movements will draw the attention of those agencies that can investigate
if any unscrupulous individuals are turning forex trading into their own
gambling nirvana.
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