SYFX

US dollar catches an early bid on Fed day

Published On: July 29, 2020

Summary

By sueyangfx.com July 29, 2020 at 02:06PM USD/JPY pops Short-term speculators are no-doubt short the US dollar so some position squaring early today into the FOMC decision make sense. We’re also closing in on month-end so flow driven trades are […]

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By sueyangfx.com

July 29, 2020 at 02:06PM

USD/JPY pops
Short-term speculators are no-doubt short the US dollar so some position squaring early today into the FOMC decision make sense. We’re also closing in on month-end so flow driven trades are going to be a factor.

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