13.07.2016 • 14:00 GMT
S&P500 Pulls Yen Crosses Higher, Late Ambition but Same Conviction
John Kicklighter
Talking Points:
• Risk appetite continued to press higher with US equities earning another record high
• USD/JPY noticed its biggest two-day rally since October 2014 (QE upgrade), GBP/JPY since April 2013 (QE intro)
• Fed forecasts, Brexit fallout, sentiment momentum and Canadian monetary policy will be important themes ahead