Month: April 2020

New highs for the USDJPY The USDJPY is trading to a new session high. And in the process is testing its 200 hour moving average at 107.288. The price is currently trading at 107.30. The move to the upside has now taken out the 50% retracement at 107.215 (of the move down from the April 16
Washington Post report A report in the Washington Post is one of the things that’s weighing on risk assets at the moment. Senior U.S. officials are beginning to explore proposals for punishing  or demanding financial compensation from China for its handling of the coronavirus pandemic, according to four senior administration officials with knowledge of internal
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Sunday effect at work The numbers for UK virus deaths are always artificially low on Monday and then artificially high on Tuesday. For some reason, people don’t die in the UK on Sundays. Cases 161,145 vs 157,149 prior Tomorrow the UK will begin counting deaths outside of hospitals so that will materially change the picture.