A.M. Look 10/17/22

FX trade was dominated by Truss headlines that she is close to getting the boot.

No one is apparently ready to challenge 150 USD/JPY, a natural caution level for intervention.

GoldinYen is showing some strength.

Gold would need a 1680 print for signs of a rebound.

Bonds up= Equity bouyancy.

Weekend talk of capping the Dutch Natgas price for the winter.

Keep your trading hats on and be very patient for the next couple of sessions.

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