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Friday, March 29, 2024

USDJPY Spikes – Erases ABC’s Fake-Flynn-Fiasco Losses

Courtesy of ZeroHedge. View original post here.

Minutes after FX markets opened on Sunday evening, USDJPY surged back above its pre-ABC Flynn headline plunge levels, pushing up towards 113.00…

Bullish suport for FX carry (and implicitly equity futures when they open) is provided by the Senate Republicans after-hours vote for a corporate tax rate cut.

And suggests S&P futs will open 10pts higher…

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