Jack Crooks on USD, Yen, Euro, British Pound

At TradersExpo Las Vegas, Jack Crooks talks about the US dollar, currency pair forecasts, how the Japanese yen may weaken. We also think there's opportunity in the British pound. The euro is an open question. Ultimately we think things are happening in Japan in a good way. The yen doesn't trade on interest rates. It trades a lot on sentiment. It trades a lot on safe-haven play. If we some kind of real correction in the US stock market, that's when we think the yen could strengthen again. It tends to move very tightly if you look at its correlation with its own stock market and the S&P. Long-term, we think the British pound is a great play. You've got to look at the Eurozone and say, it's still deteriorating. We see a lot of positioning in the euro.