Subscribe To
MUFG trade of the week: Stay long EUR/USD and short USD/JPY
MUFG Research maintains a long EUR/USD and a short USD/JPY exposure in its ToTW portfolio. The short USD/JPY trade suffered today longs after the Bank of Japan left policy unchanged. MUFG is long EUR/USD from 1.0950, targeting a move towards 1.1350, with a stop at 1.0750. It last traded at 1.1016.MUFG is also short USD/JPY from 134.70, with a target at 129.00, and a stop at 138.50. It last traded at 136.24. "We are maintaining our long EUR/USD trade idea and our short USD/JPY trade idea desp...
Read More
Posted: Apr 28 2023, 19:22
Author Name: forexlive
Views: 112259