USD/JPY longs still preferred - Societe Generale

By FXstreet.com | August 21, 2014 AAA

FXStreet (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale, remains bullish on the pair.



Key Quotes



"Middle-aged man problem: take spare glasses home and leave them there...I'm squinting at screens this morning and my typo count may be (even) higher than usual.. but sell rallies in EUR/USD, GBP/USD and Eurodollar futures".



"Stay long USD/JPY, stand back and be amazed by the resilience of credit, equities and most of EM, and watch volatility levels edge up."



comments powered by Disqus
Related Forex Analysis
  1. USD/JPY desperate to move away from 107.00
    Forex News

    USD/JPY desperate to move away from 107.00

  2. US Dollar Technical Analysis: Readying to Resume Uptrend?
    Forex News

    US Dollar Technical Analysis: Readying to Resume Uptrend?

  3. GBP/USD goes nowhere ahead of retail sales report
    Forex News

    GBP/USD goes nowhere ahead of retail sales report

  4. EUR/JPY Technical Analysis: Former Resistance Now Support
    Forex News

    EUR/JPY Technical Analysis: Former Resistance Now Support

  5. GBP/JPY Technical Analysis: Pound Sold vs. Japanese Yen
    Forex News

    GBP/JPY Technical Analysis: Pound Sold vs. Japanese Yen

Trading Center