The dollar has had an unreal day of it with the dollar index approaching 94.00. TradingViewEURUSD, USDCAD, USDJPY and GBPUSD have all found themselves approaching key levels which have either been broken (USDCAD), have failed (USDJPY), or
Ooof. Check out USDJPY. TradingViewThat's a serious rocket up the arse of dollar yen there. Why though? Well, the yen has been appreciating massively over the last year or so. Back in March, there was talk of intervention
There is a lot going on in the second half of this week. FOMC, BOE, BOJ, all within a 15 hour period. Three hours later the OPEC (JMMC) meeting starts, and we have Quad-Witching option expiries on Friday.
So, it's the main event today... the ECB meeting! David's thoughts are here. The ECB "sources" piece that Bloomberg ran yesterday was good for a 70 pip rally. Some European Central Bank policy makers have become more confident
DB's comments; Not a lot relevant for me today. Waiting for the main event tomorrow. Brexit "developments" are worth monitoring. GBP has taken a decent hit on these headline trades. There's no real substance to the reports. They