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Don't Forget the Yen
Much ado about USD rebounds during falling markets, but JPY strength still outperforms USD.
i was at bls.gov calender, spot on!
USD/JPY still floor around 92.20?
@alaidi btween looming erngs season & growing FOMC dissent on rates, Fx shizophrenia 2 b back in full swing.
Ashraf
Watch, we will all be told the next support level is 91.80.
BTW, Eur/USD last print 1.4532 - definately capped at 1.4500 I see. Went through 1.45 like swiss cheese, same as Usd/Jpy went through 92.80 on Friday, the LADSt support we were all told about.
Ashraf
You mentioned sending out yield spreads to CMC market clients on Fri. I do not recall receiving it. Which region are u referring to?
Thanks.
Ashraf
And you are coward, to disquise yourself as someone else!
And keep Todd Gordons name off the Forum as Ashraf and anyone else are not competeing against him-
It is now Monday trading day. It was written here EUR/USD would be 1.4200 by today. It is about to pop through 1.4500. GBP going along for the ride and about to burst throug 1.6100-hardly the 1.5840 that was predicted here last week.
USD/CAD going to 1.6000 before 1.1100 or parity? LOL! While the predicition here is for oil higher?
AUD at .9100 today? Only another 200 plus pips off so far., with other analysts pounding the table for .95 this week.
But hey, I've got that USD/CHF short to fall back on.
Looks like Todd Gordon justifying his #1 Shorty position with his fantastic call on USD/JPY decline.