The World Bank Conference is going on In Washington D.C.

Theses meetings are either a complete dud, or as in 1998, produce one of the more prolific Currency moves of all time.

20 figure appreciation of the Yen on FED intervention @ 7:18 A.M. CDT.
The first 10 figures took less than 2 minutes.

Let’s see what the day brings.

Keep tight risk parameters on all trades initiated today.