Daily Kickstart (Yen, Gold Fall; Inflation, IP Data, Goldman, Yellen All On Deck)

Daily Kickstart (Yen, Gold Fall; Inflation, IP Data, Goldman, Yellen All On Deck)

Traders put the brakes on the flight to safety bid on Wednesday as gold and the yen were lower for the first time in eight sessions. USDJPY options were the most active, comprising 27% of total volume - 115.00 calls went off for $250 million according to the DTCC. "With U.S. stocks rising, risk off sentiment isn’t strong enough to spark concerns about yen strength," Akira Moroga, manager of currency products at Tokyo's Aozora Bank told Bloomberg. Support is at 112.50. As for shiny yellow do
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