That Jamie Coleman has a pretty low threshold for what kind of rumours he'll put out on the newswire from Thomson. He notes that dealers talk about a possible coup in North Korea - where dealers say that portraits of Kim has been removed and the title "Dear Leader" has been changed several places. Yikes. Some garbage is just unbeliveable to read on a professional investor news service.
I think it'll be very volatile over the next few sessions - but within the range of the last two weeks. I'm looking into shorting USDJPY from 104.30s here.
I would think today you would want to go long from 104.30 not short? Or you have read something I have not?
I saw a few 100+ barrier contracts bought around 1.3005 .. 1.3021 might be a stretch after seeing the current trend today across the board...
First lets get through 80! 2915 was where the last slide was stopped - I would think that is the next major line in the sand. I'll see how it acts around 50 en- route. Any target for you in mind?