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#SaxoStrats
Foreign exchange markets continue to be characterised by low volatility, says Saxo Bank's John Hardy, but GBP is approaching an interesting inflection point at 0.90 versus EUR. Meanwhile, industrial metals are lower following a cautious speech by Chinese president Xi Jinping.
Squawk / 21 August 2016 at 23:51 GMT
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United States
Long USDJPY at 100.57.
1y
Ronald222 Ronald222
Long 100.59
1y
Ronald222 Ronald222
Out at 100.717
Will get back on cheaper I believe
1y
Ronald222 Ronald222
Long 1
1y
Ronald222 Ronald222
Long 100.595
1y
Ronald222 Ronald222
Out at 100.71... Let's try again to buy cheaper
1y
Ronald222 Ronald222
I really wanted to buy us/can this evening... But it's running away from me
1y
Dan Murray Dan Murray
I thought of buying usdcad too Ronald, but still not confident enough in that trade.
1y
Ronald222 Ronald222
Dan for sure not us/can at these levels
I have orders in o/n @1.2852 and 1.2844... I'm expecting a bit more rally in oil... So a current drop is imminent
1y
Ronald222 Ronald222
Btw, nice trade on us/jyn
1y
John Roberti John Roberti
We have a doubtful dollar but clearly a declining oil market due to the increase in shorts, the increase in oil rigs in the us an most probably another increase in domestic oil production with a possible decline in gasoline consumption. Thus USDCAD should not decline much but probably go up in the next days...!
1y
Ronald222 Ronald222
Dan
Any stop on us/jyn???
I didn't go back in long o/n...yet
1y
Andrei14 Andrei14
Den,good evening!Where stop do you have?
1y
Ronald222 Ronald222
Dan
We're all waiting for your next move!
1y
Dan Murray Dan Murray
Sorry guys. I thought I had posted that my SL was at breakeven. But I don't see the post. I was stopped out at breakeven.
1y
Ronald222 Ronald222
I'm still holding mine... For now

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