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  • Squawk / 13 minutes ago
    United States
    Short USDJPY at 119.85 after Yamamoto (member of the LDP party in Japan) said that the BOJ is concerned that a weaker yen could be problematic. Not sure whether this is just this guy's opinion or not...
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  • 16m
    Dan Murray Dan Murray
    I don't normally do this, but I got out at 1 pip profit so I could get back into a USDJPY short.
  • Editor’s Picks / 59 minutes ago

    Populists, controversy pose hurdles for Pacific trade deal

    The Conversation
    The mammoth Trans Pacific Partnership should bring big benefits to its 12 trading partner nations – including the US, Japan, Canada, New Zealand, Australia and emerging Pacific Rim states. The TPP will eliminate obvious barriers like tariffs as well as sneaky regulatory ones. Its controversial features include its investor-state dispute settlement provision that allows multinationals to bring legal claims against host states. And its obligations concerning regulatory transparency and standardization will necessitate costly reforms for developing countries like Vietnam and Malaysia. Finally presidential candidate Donald Trump promises to renege on the deal if he gets elected. But it's unlikely that any sensible politician will resist the TPP in the longer term.
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  • 1h
    brianking brianking
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  • 1h
    brianking brianking
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  • Editor’s Picks / Yesterday at 23:52 GMT

    Yuan smashes yen in cross-border payment stakes

    Nikkei Asian Review
    The yuan has passed the yen for the first time, to take fourth place for currencies used in cross-border payments – a feat for Xi Jinping's bid to internationalize the yuan. With a 2.79% global share in August, the yuan squeaked by the yen's 2.76% share, says transaction agency Swift. The yuan trails the US dollar, the euro and the pound. The yen backed 9.1% of all letters of credit issued from January to August. That it is a far cry from the 80.1% share commanded by the greenback, but it exceeds the 6.1% for the euro and the 1.8% for the yen. However it remains to be seen if the yuan will live up to the role as an international currency.
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    brianking brianking
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  • Squawk / Yesterday at 20:36 GMT
    individual Trader
    I had suggested the importance of a USD correction last week and commodity currencies have taken the lead and looking at the CAD crosses there's more reason to support further CAD strength backed by positive Oil prices
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  • 6h
    yuiyui yuiyui
    Michael, They are talking oil production trend meeting demand
    Michael O'Neill Michael O'Neill
    Yes, I saw that. But it is just talk, from guys with a vested interest in seeing higher prices. No one has cut production and the...
    yuiyui yuiyui
    haha, right. Maybe also markets have found a bottom for now