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Category: yen

‘There’s No Such Thing As A Bad Tick’ – Another Theory On Silver’s Flash Crash

July 7, 2017

Via Kevin Muir of “The Macro Tourist” fame It’s one of those periods when everything

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Yen, Pound Nosedive, BoJ Reminds You Who’s In Charge Here

July 7, 2017

Right, so first thing Thursday morning we noted that 10Y JGB yields had risen to

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1 Comment on Yen, Pound Nosedive, BoJ Reminds You Who’s In Charge Here

One Trader Bans ‘Certain Words’ Until You Can ‘Pass His Plain-Speaking Test’

July 5, 2017

“The last thing I want to be doing the day after July 4th is making any kind of assault on free speech. But I’m going to propose a ban on certain words that no longer pass the plain-speaking test.”

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Fireworks: North Korea Launches “Anywhere” ICBM, Trump Ponders “Heavy Move,” Central Banks Ahoy!

July 4, 2017July 4, 2017

There’s never a dull moment in a world that’s lost its mind. North Korea celebrated

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1 Comment on Fireworks: North Korea Launches “Anywhere” ICBM, Trump Ponders “Heavy Move,” Central Banks Ahoy!

“A Major, Serious” Situation In Japan, PMIs Galore, And A Deadline For Qatar

July 3, 2017July 3, 2017

Ok, so Shinzo Abe’s LDP suffered a stunning loss in Tokyo assembly elections over the weekend,

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2 Comments on “A Major, Serious” Situation In Japan, PMIs Galore, And A Deadline For Qatar

And God Said “Let There Be Data: And There Was Data.”

June 30, 2017June 30, 2017

It’s Friday and God said, “let there be data: and there was data.” Let’s start

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1 Comment on And God Said “Let There Be Data: And There Was Data.”

Euro, Euro, Euro

June 29, 2017June 29, 2017

It will take more than anonymous ECB sources to cool the desire to bet on

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oil, OPECLeave a Comment on Euro, Euro, Euro

Stocks Fall Across The Globe As Hawkish Central Banks, Washington Jitters Roil Risk

June 28, 2017

Well, the overnight action was predictable under the circumstances, but it’s nevertheless unnerving for anyone

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oil, OPECLeave a Comment on Stocks Fall Across The Globe As Hawkish Central Banks, Washington Jitters Roil Risk

Euro Surges On Draghi’s “Three Messages,” Dollar Eyes Janet, Yuan “Suddenly” Jumps

June 27, 2017

Boy, I’ll tell you what, if you’re a central banker and you’re going to say

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Gold Flash Crashes, “Jubilant” Germans, And Bank Bailouts

June 26, 2017

Well, gold plunged $18 in seconds on surging volume (18k contracts in a one-minute window)

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oil1 Comment on Gold Flash Crashes, “Jubilant” Germans, And Bank Bailouts

3 C’s: Crude, Carry, CPI And Your Full Week Ahead Preview

June 25, 2017June 25, 2017

Ok, so it’s Sunday which, as we’re fond of reminding you, means that tomorrow will be Monday – right up until Trump does something that takes the whole of idea of there being a “tomorrow” off the table…

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oilLeave a Comment on 3 C’s: Crude, Carry, CPI And Your Full Week Ahead Preview

A Kiwi, A Krone, And An Oil Rout

June 22, 2017

It was relatively quiet overnight session which saw market participants continuing to focus squarely on

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oil, OPECLeave a Comment on A Kiwi, A Krone, And An Oil Rout

A Royal Shakeup, China’s Big Day Falls Flat, Crude Reality Bites

June 21, 2017

Ok, well for obvious reasons, the headlines overnight pretty much all revolved around: Saudi Arabia

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oil, OPECLeave a Comment on A Royal Shakeup, China’s Big Day Falls Flat, Crude Reality Bites

Dollar Is Happy, Pound Is Sad, And There’s Some Yuan Shenanigans Afoot

June 20, 2017June 20, 2017

It’s about Dudley for the dollar which rose to a three-week high versus the yen

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Stocks Super Happy, Oil “Flirts With Collapse,” UK Brexits, France Wonders Why No One Voted

June 19, 2017

Generally speaking, it was a quiet overnight session as traders look forward to a light

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oil, OPECLeave a Comment on Stocks Super Happy, Oil “Flirts With Collapse,” UK Brexits, France Wonders Why No One Voted

Peter Pan’s Revenge: Kuroda Thinks You’re Crazy To Think BoJ Is Not Still Crazy

June 16, 2017

“The moment you doubt whether you can fly, you cease forever to be able to do it.”

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Trader: We’re Playing Tug-Of-War With A Starfish And There’s A “Reptilian Aura” To It

June 15, 2017

“Anyone who claims to know how this populism, saber-rattling and scandals will play out is fooling you as well as themselves.”

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oilLeave a Comment on Trader: We’re Playing Tug-Of-War With A Starfish And There’s A “Reptilian Aura” To It

The Day After: Yellen’s Big Mistake

June 15, 2017

So here we are, the day after a Fed hike that was supposed to (and

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oil, OPEC1 Comment on The Day After: Yellen’s Big Mistake

“I’m The One Who Got Us Into This Mess,” A Brent Death Cross, And “The Day Before Tomorrow”

June 13, 2017

Today is all about tomorrow…

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oil, OPEC1 Comment on “I’m The One Who Got Us Into This Mess,” A Brent Death Cross, And “The Day Before Tomorrow”

What A “Buzz Kill”: Tech Selloff Goes Global

June 12, 2017June 12, 2017

“There’s a chance U.S. internet technology stocks that have propelled a global stock rally will now serve as a buzz kill.”

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Trader: “The Problem Is Ours”

June 8, 2017

“James Comey’s testimony has been portrayed as the making or breaking of the current presidency. Total vindication or that Perry Mason moment when he tearfully breaks down under questioning, repudiates his opening statement and confesses all. No one listening in today is going to budge one inch in their appraisal of our state of affairs.”

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China? China! Kuroda Contemplates His Exit, And Other Overnight Shenanigans

June 8, 2017June 8, 2017

It’s “Super Thursday” and although the real fireworks (if there are any) aren’t set to

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Leave a Comment on China? China! Kuroda Contemplates His Exit, And Other Overnight Shenanigans

Terrorist “Troublemakers” Storm Overnight Session, Murder 12 In Iran Ahead Of “Super Thursday”

June 7, 2017June 7, 2017

Well, it was a quiet overnight session right up until around 2 a.m. EST when

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1 Comment on Terrorist “Troublemakers” Storm Overnight Session, Murder 12 In Iran Ahead Of “Super Thursday”

The Mystery Of The Rising Nikkei

June 6, 2017June 6, 2017

“The strong correlation of USD/JPY and the Nikkei is a well-known phenomenon — so much so that it impacts the relative pricing of yen- and dollar-denominated Nikkei futures. When the fortunes of the two diverge, as they have recently, the market takes notice.”

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Safety Sought: Yen Rallies As Markets Nervously Eye Potentially Dangerous Thursday

June 6, 2017

So on Sunday, in our week ahead preview, we noted that Thursday would bring a

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Nikkei Tops 20,000 On Batshit Crazy BoJ Balance Sheet; Global Stocks Rise Ahead Of Jobs

June 2, 2017

Well, the Nikkei crossed 20,000 for the first time since 2015 overnight. And really, why

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oil, OPECLeave a Comment on Nikkei Tops 20,000 On Batshit Crazy BoJ Balance Sheet; Global Stocks Rise Ahead Of Jobs

China’s “No Bears Allowed” FX Policy Still In Spotlight Overnight

June 1, 2017June 1, 2017

Ok, so the overnight fireworks were largely confined to early Asian trading. As noted last

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