Next up on the central bank trading merry-go-round is the BOJ
Part two of the central bank trade ideas.
Yesterday I asked what your FOMC trades were going to be and thanks for a great response.
We had folks looking to short NZDUSD, long EURJPY, short AUDUSD, long USDCAD and sell USDJPY into the announcement and buy a dip after. In the main, most people seem to have picked the right trade.
I'm nursing my USDJPY long from 104.55 still and I'd like to see the 104.85/90 broken so we can have a look at 105.00.
So here we are again, awaiting Captain Charisma to pull a rabbit out of the hat. Adam thinks it's a done deal, do you agree? If you do or don't, what trades are you going to be looking at?
King Kuroda: Searching for that elusive monetary policy fix
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
