💹 –11,250 USD | FOMC, BOJ, BOC | Weekly FX Report (Sept 8–12)
💹 –11,250 USD | FOMC, BOJ, BOC | Weekly FX Report (Sept 8–12) Net P/L: –11,250 USD 📌 Total Review Losses widened due to adverse moves in crude oil shorts. However, late-week gold longs helped offset part of the drawdown. Looking ahead, with major policy events in the U.S. and Japan, reducing positions […]
-35,258 USD Next Week’s FX Strategy: Outlook for AUD, CAD, and EUR
Next Week’s FX Strategy: Outlook for AUD, CAD, and EUR Trading Results from October 14 to 18: -35,258 USD This week also ended with a negative balance. The buying of AUD and the selling of EUR struggled to gain traction, and while I positioned myself based on the Canadian CPI and comments from Bank of […]
Adjustment-driven timing, ahead of next week’s FOMC
Today, the Nikkei average is experiencing volatile trading, which is typical for SQ (Special Quotation) week. There was a moment when it dropped by 700 yen, marking the largest decline of the year. There is also a partial reversal in yen-selling positions for USD/JPY and cross-yen pairs. However, it doesn’t seem that risk aversion sentiment […]
CAD and USD are selling strongly after the Bank of Canada hikes the rate to 0.25%.
CAD and USD are selling strongly after the Bank of Canada hikes the rate to 0.25%. Currently, we are responding to this flow of USD selling only by buying GOLD.