EUR/JPY will be one of the big winners of a mood shift
Came across an interesting Bloomberg piece on EUR/JPY set to be one of the big winners if the positive sentiment as of late continues. It is so strange that these vibes hit now, just as Trump has announced trade tariffs on China to come into play on 24th of September and China to vow retaliation. It seems that folks are getting used to fading Trump's moves.
The Bloomberg piece cites Shinzo Abe's reappointment as LDP leader set to fuel more Yen weakness as Abenomics once again reign over Japan's assets. If this risk on sentiment continues, EURJPY is looking good to be one of the biggest gainers.
