Another week’s work with mixed achievements,
We saw all kinds of real, false breaks. At the end of the week JPY comes out on top in the G space. The Commod and Scandi currencies had to give way to the laws of gravity, weak to mixed data
and CB’s determination to make them undesirable .
Euro and Pound surfed a few waves but couldn’t really make their mind up(or down).
And the USD? Well, a midlife Tax, Trump,Treasury flattening crisis or do we see a real turn around for worse? It’s limit border line of falling out of bed, but nothing irreversible as of yet.
Next week we do it again, thanks for all your input, avid reading and enjoy a well deserved weekend.
Love and Peace
- $CNH living on hopium? Big week for the Yuan this. - January 13, 2020
- A mildly positive risk market on the open? - November 24, 2019
- A huge USD week. This time it’s different, isn’t it? - October 30, 2019