Archive - Jul 8, 2014
Turbo Tuesday Pre-Ramp Missing As Earnings Season, Brazil-Germany Set To Kick Off
Submitted by Tyler Durden on 07/08/2014 06:04 -0500Poor algos: after they got no love on Monday from the overnight USDJPY selling team which took the all important pair back to the 200 DMA, today, inexplicably (it is a Tuesday after all, and if one can't frontrun a rigged market surging higher on Turbo Tuesday may as well throw in the towel on free money and learn about fundamental analysis) the same overnight USDJPY selling team has pushed the key carry pair to below the 200 DMA, and has dragged US equity futures lower with it for the second day in a row.
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