Fx Primus Rebates

USD/JPY breaks Friday’s lows

USD/JPY fades as stock market ebbs USD/JPY is at the worst levels of the day and has matched Friday’s low. The enthusiasm in stock markets didn’t filter over into USD/JPY earlier and now with the S&P 500 about 16 points off the highs, it’s extended to the downside.

Fx Primus Rebates

Barclays and Citi have trade ideas this week

Here are the trades of the week The euro and commodity currencies are the flavours of the week. Barclays is off to a tough start with its trade of the week. They suggested selling EUR/USD at 1.2265 with a target of 1.1948 and a stop at 1.2444. They’re about 60 pips underwater at the moment…