Ground Hog Day! Eagerly awaiting once they actually step in. Its gonna be a blood bath on the Yen crosses.

Japan's Finance Minister Suzuki: We are keenly watching FX moves

Wake up and smell the roses people. Its the same people making these statements who are profiting big alongside the market makers. We will miss Kwasi Kwarteng. lol

UK's Hunt: We will no longer be proceeding with the new vat-free shopping scheme for non-UK...

GJ. 600 pip free fall

The pound falls as much as 1.1% to $1.0740, its lowest level since 1985

Classic MM manipulation. Bad news AUDJPY jumps 50 pips. They recovered the imbalance around the 97.00 whole number zone.

Labour Force, Australia August 2022

Same story every week.

BOJ’s Kuroda Determined to Maintain Stimulus as World Tightens

There wont be a soft landing. AUD Shorts $$$

Rate hikes and surging inflation push sentiment to new lows

Shorts AUDJPY $$$

Australian Dollar Eyes BRICS Summit After Mixed PMI Data

Looking at the history the track record of Feds raising rates to control inflation in hope of a soft landing without a recession is very low.

Fed's Powell: Sees Possibility Fed Rate Hikes Could Cause A Recession

I don't see a recession. Famous last words....

Lowe: Expect next month will be discussing 25bps or 50bps

Yawn. Lost 0.8% overnight and now strong on the sentiment of FOMC raising rates. Remember buyers and sellers are never in control. Only the MM.

Australian dollar finds sliver of support as yields surge