From the FXWW Chatroom: Our weekly trades will provide short term guidance on where we see opportunities in G10 FX markets. In targeting short-term and event risks, the horizon for these views is flexible, but unless we explicitly extend them, they will close out automatically at COB the second Friday after they are introduced. We will mark any shifts in views/risks over the lifespan of the trade with an update.
Trade Idea: Short USDJPY 105.90, target 104.00 and stop 107.00