Everything is going up. Even the USDJPY. - ConsultFX

Everything is going up. Even the USDJPY.

While the EURUSD and GBPUSD shows USD weakness, the USDJPY is showing USD strength New highs are being printed in the USDJPY. While the EURUSD and GBPUSD make new highs (lower USD), the USDJPY is also reaching new highs as well (higher USD).  The combination is a recipe for higher EURJPY and GBPJPY and indeed those pairs