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21 Aug 2014
USD/JPY longs still preferred - Societe Generale
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."
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."