The Traderszone Network

Authored by Ben Tanosborn,

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This post has nothing to do with FX, so feel free to ignore (unless you ignore all my posts, in which case, carry on as normal)
A few people have asked me about my holiday.

I posted earlier on GBP/JPY falling out of bed.
Good news, the yen is higher again and Cable is back to its lows, so my post earlier was not actually the bottom tick for GPB/JPY today. Whew! 😀

Being a workaholic comes along with being grown up and having responsibilities (well, it comes along with it for some people). Late nights out at the bar turn into firing up the laptop and putting the finishing touches on that presentation that is due first thing in the morning, weekends that used to be filled with keggers turn into all day working sessions just to catch up on all of the emails that got missed during the week – it happens (even if one works at the US Treasury, but only on occasion don’t be alarmed).

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The British pound fell to an eight-week low against the dollar on Monday amid trepidation ahead of a referendum that could push Britain out of the EU.

In Open Market operations, PBOC inject 40bn yuan through OMOs today
The prior USD/CNY ‘fix’ was 6.5593, which was last Wednesday (China was off Thursday and Friday last week)

Walgreens says it will close all 40 Theranos Wellness Centers and will no longer offer any Theranos services at any of its stores.