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Yen surges again as the equity rout continues 11 Feb

European equity markets are tumbling again

DAX falling further to 8793.91 sending yen higher across the board

Reported barrier option at 112.00 now history and triggering stops to 111.78 with EURUSD climbing to 1.1323 but tempered by EURJPY sales.

GBPUSD smacked lower to 1.4453 on a double whammy of higher EURGBP and GBPJPY sales.

Not moves to fade for any medium-long term gains imho. Knee-jerk fades maybe but they're by no means finished yet. in the bigger picture.

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.

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