Euro is strong, ECB officials suggest a 0.5 percentage point hike in September

In the early part of London, the euro was appreciating along with the depreciation of the yen and the dollar. Central Bank Governor Kazimir Slovakia and Governor Lane Finland have suggested a 0.50 percentage point hike in September, and euro buying and yen selling are pushing up the euro. The euro-yen has risen to 143.21 […]

Consider buying CADJPY

position only. As crude oil is rising, pay attention to highly correlated CAD. Consider buying CADJPY.