Lawrence's Comment
Recap
Got our target Y+2 early in the week. Pullback holding Y-0 giving us a 2nd chance for test and break above Y+2. Closed the week at Y+2.
Outlook
If ...
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Lawrence's Comment
Recap
Euro FBO against Y+1 in thin trading environment gave us a go for the selloff target Y-1. No pullback whatsoever, Y-1 tagged by the end of the week. Closed ...
Lawrence's Comment
Recap
No bounce from Y-1. Re-entered the down channel and collapsed to Y-5 before the pair can find any support at all.
Outlook
Down channel re-enforced itself on the pair again ...
CME Hikes Margins on Nikkei Related Markets Again
As expected, CME increases margins on the Nikkei related products again.
Not 10% or 20%. We are talking about another 33% higher after last increase back in April.
Not even major CFD firms need to do that at all.
What is the agenda behind this move, CME?
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