Archived IMT (2009.12.01)
WATCH HOW JPY holds off most currencies, preventing them from regaining their earlier session highs, despite rebounding risk appetite and higher oil. AUDJPY unable to regain 80.40s despite AUDUSD hitting 0.9260s is among the many examples translating into renewed pullback in USDJPY. This confirms the thesis that USD remains the preferred (if not only) short during rising equities despite the BoJs emergency meeting to inject liquidity and indirectly cap the currency. This means that it takes more significant advances in equities in order for JPY to lose further ground. US ADP tomorrow will be key.
Kushner a Tell?
by Adam Button | Dec 5, 2019 11:11
GBP Breaks out, USD Hurt
by Adam Button | Dec 4, 2019 14:38
Time for the Pre-Santa Selloff
by Adam Button | Dec 3, 2019 12:55
USD Pauses, Key Levels Pre ISM
by Ashraf Laidi | Dec 2, 2019 13:51
Tories in Command, Turn to China
by Adam Button | Nov 28, 2019 12:51