In this TradeGateHub Live Trading session, Japan’s elections have triggered a pullback in the USD/JPY, prompting Coach to identify a potential ABC corrective pattern forming in the pair. Meanwhile, the British pound (Cable) is outperforming the euro, suggesting a possible correction in the cross. Additionally, bond yields are moving lower, providing a tailwind for gold, which is rallying in response to the shift in market sentiment.
AloJapan.com