Tag Archives: USDJPY

New Record European Unemployment, 101 USDJPY “Tractor Beam” Breach Bring Early Selling

Posted on May 31, 2013 by DRenegade

Everything was going so well in the overnight session, following some mixed Japanese data (stronger than expected production, inline inflation, weaker household spending) which kept the USDJPY 101 tractor beam engaged, and the market stable, until just before 2 am … Continue reading →

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Nikkei Plunges Another 5% But “Unsourced” Stick Save Arrives Just In Time

Posted on May 30, 2013 by DRenegade

One look at the 5%+ plunge in the Nikkei overnight and one would be allowed to wonder if this was it for Abenomics: with a 15% drop from recent highs, and the TOPIX Real Estate index down by more than … Continue reading →

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