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. AUD/USD Recovery Hopes Fade With Reversal Pattern Lacking Confirmation
    Forex News

    AUD/USD Recovery Hopes Fade With Reversal Pattern Lacking Confirmation

  2. USD/JPY bulls need to take a breath before a new attack at 110.00
    Forex News

    USD/JPY bulls need to take a breath before a new attack at 110.00

  3. Crude Oil Recovers Ahead Of Inventories, Platinum Hits Multi-Year Low
    Forex News

    Crude Oil Recovers Ahead Of Inventories, Platinum Hits Multi-Year Low

  4. GBP/USD nervous below 1.6200, waiting for data
    Forex News

    GBP/USD nervous below 1.6200, waiting for data

  5. Dollar’s Current Bull Leg Strongest since Rally Through Crisis
    Forex News

    Dollar’s Current Bull Leg Strongest since Rally Through Crisis

Trading Center