"USD/CZK in highly neutral territory all year, USD/CLP Okay Longs, Long Copper also, TRY/ZAR Longs above 4.7547 watch 5.0353, CAD/MXN Must stay below 12.1027 from current 12.0095, PLN/HUF nothing exciting in this pair, zero nada, USD/RON okay Longs"
Strength of JPY anticipated last week played out nicely in the first part of the week, especially GBP/JPY shorts were hitting far targets on consistent basis. Coming week has lots of contradicting signals across the major currencies, therefore will be staying away for the most part. The only clear signals in my book for the week are in AUD/JPY and CAD/CHF pairs. In terms of events to shake the markets, BOC will have its rate announcement on Wednesday, worth watching CAD pairs going into this…See More
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