Hoping for some volatility in Europe
Fairly quiet session in Asia with one-way traffic mainly, risk trades easing slowly lower. USD/JPY is stalling ahead of 78.00 but the going is too slow there so its best to look elsewhere for opportunities.
As I mentioned this morning, I’m “short the screen” but I am taking some P off the table and buying 1/2 of my EUR/USD shorts back at 1.2942. I’ve still got a decent whack on the Aussie and cable so let’s hope we see some movement.