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Monday, April 24, 2017

Is Morgan Stanley giving up on USD bullishness after getting stopped out on their latest long?

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Here’s the latest weekly (from Friday) FX journal from Morgan Stanley
It’s been a couple of weeks since I last saw their FX weekly and I did wonder about their running USDJPY long from 109.50 as it traded through their stop. Confirmation has just arrived but they’re not giving up on the long side.

April 24, 2017 at 04:47PM

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from Ryan Littlestone

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