Jump to content

Sign in to follow this  
News Feeds

Spurious Japan Headline Sparks USDJPY Spike

Recommended Posts

It's 2am in Japan and Nikkei has decided - right as the 30Y Treasury auction hits - to unleash a spurious headline - BOJ TO EXPLORE DELVING DEEPER INTO NEGATIVE RATES... Which of course is 'old news' - but don't tell the Algos.


Of course, USD strength after a weak auction is also helping but the timing is simply too coincidental not to be an attempt at manipulation...






For now it's not helping stocks too much...






But that didn't last long - stocks algos quickly jumped on the USDJPY spike on old news...







Continue reading...

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  


Important Information

Your Privacy Is Important To Us Learn More: Privacy Policy