|Markit Manufacturing PMI (APR)||May 02 13:45|
|ISM Manufacturing PMI (APR)||May 02 14:00|
|Markit PMI Manufacturing (APR)||May 02 08:30|
|Nikkei PMI Manufacturing (APR)||May 02 02:00|
|Eurozone Markit PMI Manufacturing (APR)||May 02 08:00|
The yen ripped right to the finish line on Friday and is slightly higher to begin the week. China's manufacturing PMI was released on the weekend and edged lower. Holidays could complicate trading to start the week. On Friday, the Premium trades took a 335-pip gain in AUDJPY, while 6 of the 9 existing Premium trades are at in the gain with +100 pip each. The Video below is open for subscribers and non-subscribers alike, containing Ashraf's take on how/why stops were hit 2 weeks ago and how matters change last week.Read More...
The BOJ and RBNZ yesterday were a shining example of just how much dovishness the market demands from central bankers. The yen rocketed higher after the BOJ and the kiwi was the next best performer while the US dollar lagged. We take a look through the wreckage of the yen pairs. There are 2 JPY Premium trades, one taken today after the BoJ, the other 24 hours prior to the BoJ on expectations the BoJ would nothing.Read More...