FXWW News/JPY crosses/Trade Ideas

Big hedge fund bailing out of positions across all financial markets

Many thanks to our hedge fund insider for this latest tasty morsel of information. One of the ultra-huge hedge funds started dumping positions yesterday in cash, bonds and equities. Part of this position adjustment was almost certainly in USD/JPY but the 300 pip fall there was also partly caused by the risk-averse sentiment out of other markets.

Risk-reward favours the risk averse play in my view and I’m looking to sell any intraday rallies in EUR/JPY.

  1. Hi Sean, For your info… not sure if others have this problem but I find your web site very slow when first going into and when I refresh. Don’t have the same problems with other sites.
    hope it can be fixed thanks

  2. Thanks Vivien, the level of traffic has taken me by surprise. I will be moving on to a better server in next week or so (hopefully sooner), apologies for slow-ness

  3. Hi Edward, I’m just watching and waiting. I need to see how the market reacts at certain levels before commiting to a trade. Ideally I’d like to sell as close to 131 as possible but not sure we get there

Leave a Reply

Your email address will not be published. Required fields are marked *