Disliked{quote} USD had to weaken but is it just stalling ? FOMC tomorrow then BoJ Thursday. UK election around the corner. Index chart is interesting. It's a play safe time on currencies although there has to be some big moves over next few weeks. Both a/j and a/u are around double adr 14 and wouldn't be surprised if went further. If $ has run dry that could see cable at 55 very quick. Bank holiday in Japan missed that. G/J might be worth watching.Ignored
@turnip - cable moving so quick it's opening above dp and just keeps going. Normally expect a pull back then a bounce off. Markets like this should be easy but can be tough as always looking to short off the 'top'. We all been there.
See what FOMC comes up with then UK election and NFP next week.
Edit: cable is where it was 5 years ago at last election. Then dropped 900 points. Will history repeat.