Yen On The Edge: Tokyo Turns Up The Heat
The Yen sank to a nine-month low against the US Dollar, prompting Japan’s Finance Minister Katayama to warn of rapid, one-sided moves and stress growing concerns over its weakness.
BTC/USD Forecast: Selling At Major Levels
Bitcoin continues to face selling pressure below key resistance at $108,000, with downside risks increasing if the $100,000 support fails to hold.
FX Daily: Carry Trade Is Proving Persistent
The carry trade suffered a stress test yesterday, when one popular target currency, the Hungarian forint, had to cope with prospects of wider budget deficits.
