Epic USDJPY Ramp Causes Buying Panic In Futures

Epic USDJPY Ramp Causes Buying Panic In Futures

Wonder why the FX “cartel” sent the USDJPY soaring starting sometime around 9:00 am?

Simple: to generate the kind of momentum buying panic in ES that sent it vertical by just about 6 points in seconds.

“Fair and efficient markets.”

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