Fx Primus Rebates

Audio recap: Fed decision is really just a sideshow

What’s moving markets ahead of the FOMC decision Market participants don’t seem to be too sure what to make of US trade policy risk, and while we could chalk up lackluster price action to summer doldrums and pre-Fed positioning, it feels more like this is about a lack of clarity around this newer FX market…

Fx Primus Rebates

USDJPY moves below swing/break level from yesterday

Concerns about tariffs… The USDJPY has moved below the swing/break area from yesterday at the 111.54-59 area.  That weakens the bull run from yesterday and now has traders thinking the 50% at 111.36 and the 100 hour MA at 111.32 might be tested (blue line in the chart below).  The 200 hour MA is another…