HALISTER1: INSIDE G-10: USD Mixed Ahead of Brainard; JPY Sidesteps Kuroda

INSIDE G-10: USD Mixed Ahead of Brainard; JPY Sidesteps Kuroda

(Bloomberg) -- JPY gains amid an otherwise range-bound G-10 market. Fed governor Brainard’s late addition to a list of speakers on Monday seen by Barclays as a risk event ahead of FOMC on Sept. 21
  • USD/JPY slides; BOJ’s Kuroda meets with PM Abe, explains comprehensive review
  • Pair pressured lower as macro funds sold spot from 102.40, trader says; exporter sell orders layered upwards from 102.50 to 103.00
  • DoubleLine CIO Gundlach warns of Fed hike even with market pricing only 40%
  • EUR/USD trapped within cluster of large option expirations between 1.1200 and 1.1300 after ECB inaction yesterday
  • EUR/JPY attracting bids for real money accounts seen near 114.50, says trader
  • BBDXY down 0.15% to 1,173.90
  • 10-year Treasury yield steady at 1.601%
  • NOTE: Mark Cranfield is an FX strategist who writes for First Word. The observations he makes are his own and are not intended as investment advice.
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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