During the previous two London sessions, and all of the currency market hours in between, “sell the yen” was the ticket for traders. Although the first quarter US GDP headline figure was worse than forecast, the underlying data left the door open for New York traders to take up where London left off. A 110-pip long trade on the EUR/JPY followed a bounce from support at the opening bell for American stock exchanges.
Curt Wehrley
FX Bootcamp’s Quantitative Analyst
Video Trade Journal by 


Thanks Curt - good review of session and the influence of the fundy stuff
Great analysis - thanks!
Excellent review - thanks.