Morgan Stanley cut JPY forecasts

Morgan Stanley cut JPY forecasts

The latest weekly report from Morgan Stanley sees a short-tern change in  their view of JPY USDJPY Q3 2018 113 vs 104 prior Q4 2018 108 vs 101 prior Q1 2019 104 vs 98 prior Q2 100 vs 96 prior Q3 95 unch Q4 93 unch EURJPY Q3 2018 128 vs 118 prior Q4 124 vs 116 prior Q1...
EURJPY – What a ride !

EURJPY – What a ride !

It has been quite the journey. Made even more challenging by the general seasonal market malaise and headline induced confusion.   I’m not disposed towards outthinking Central bankers . Sig, Draghi is taking centre stage later today. He of the silver tongue...
EURJPY trade update

EURJPY trade update

Have my scalping hat on this time of year, Jauntily positioned at an angle.   Holding short EURJPY and USDJPY still from yesterday’s suggestions .That was a mighty pin candle on the EURJPY H1 . Not sure what to make of that . Always good to realise some...

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