Moves back away from the 100 and 200 hour MAs The USDJPY moved higher in the London session and made a run above the 200 and 100 hour MAs before European traders exited (at 107.13 and 107.177 respectively)
What has moved the market today What little price action we did see on Tuesday had the FX market moving the other way, with currencies reversing course and giving back against the Buck. But the Dollar recovery wasn’t all that special and the price action seemed to be more of the same choppy up and…
WSJ report New York Attorney General Eric Schneiderman sent letters to 13 cryptocurrency exchanges with a long questionnaire () that wants details on ownership, policies, fees, internal controls, procedures and customer protection.
Comment from the White House economic advisor Kudlow is on TV now more than when he was at TV host. Expect Japan to get an exemption.
A break above the 200 week MA today is key today The GBPCHF is following the runs higher in the other CHF pairs including the and the . USDCHF EURCHF
Further comments by BOJ deputy governor Wakatabe as he speaks in parliament Nothing more from Wakatabe. Mainly a repeat of the BOJ’s usual comments.
Comments by BOJ deputy governor Wakatabe His comments here are mainly touching on Japanese regional banks and their profitability.
HKMA defends the currency peg once again I touched a little bit on this earlier in the day . And the central bank is continuing its efforts to defend the currency peg at 7.8500 against the dollar.
Comments by Minneapolis Fed head Neel Kashkari via Wall St Journal interview The full interview transcript can be found (may be gated). here Nothing that significant from Kashkari, and he is also due to speak again later in the day. Do note that he is not a voting member in this year’s FOMC and he…
BOJ deputy governor Amamiya is speaking on fintech Nothing else from Amamiya. He didn’t mention anything on monetary policy, but offered little else in terms of the BOJ’s adventures into fintech as well.