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Collapse of the Carry Doesn’t Reach the S&P 500, Can EURUSD Fulfill Its Own Reversal?

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USDJPY, BOJ Decision, S&P 500, Event Risk and EURUSD Talking Points: The Market Perspective: EURUSD Bearish Below 1.0550; GBPUSD Bearish Below 1.2100; S&P 500 Bullish Above 3,800 The biggest fundamental event so far this week was the surprise tightening of monetary policy from the BOJ, but the news didn’t transmit throughout the ‘risk’ spectrum As …

Collapse of the Carry Doesn’t Reach the S&P 500, Can EURUSD Fulfill Its Own Reversal? Read More »

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