USD/JPY continues to fall in what's almost-assuredly intervention from the Japanese ministry of finance.The last time they intervened, they took USD/JPY from a high of 145.90 down to a low of 140.34. That...
I warned earlier that it was a dangerous game being long USD/JPY in the 13th straight day of gains.Here we are. USD/JPY touched 148.98, which is nearly 300 pips off the earlier high....
This market is insane. The latest move in USD/JPY has more hallmarks of intervention than the earlier one.At the same time, I could see longs rushing out after 13 straight days of gains.This...
The market is taking down the odds of an extra FOMC rate hike this year and a higher terminal top.The May Fed peak is down to 4.93% from 5.03% at the highs this...
The S&P 500 is down just 2 points shortly after the open. It initially declined by more than 15 points and futures an hour ago were much lower.The turn came after a Timiraos...