Small recovery today...from AlphaSam

Small recovery today for USDJPY, just a retracement? Looking to take the pair short as JPY acts as safe haven currency. A weaker $$$ in the light of the heightening trade war could help.

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Crunch time for the US economy. Mexico tariffs incoming, Chinese relations breaking down by the day, EU tariffs on the cards for the next few months and now an increasingly fragile "special relationship" with the UK following his NHS comments. These jobs numbers could be a big sigh of relief for trump, or (as we expect) they could mimic the ADP readings and pile on the pressure.... although that has never seemed to bother him.

AlphaSam

Small recovery today for USDJPY, just a retracement? Looking to take the pair short as JPY acts as safe haven currency. A weaker $$$ in the light of the heightening trade war could help.

AlphaSam

Wages rise at 3.1% and inflation only 2.1% 🙂? good news from the UK readings this morning. low unemployment also looks as though companies are replacing their long term capital investments with short term hiring. Lets see how this plays out once Brexit becomes clearer and they can either cut and run, or stay and invest.

AlphaSam