BoJ and FOMC meetings are being held this week; caution with yen crosses. $JPY is stuck in a wedge. If price breaks below 99 handle the yen bulls will become muscular while if price breaks above 104, yen bears will become muscular.

FED leaves rates unchanged interesting to note that there was a 7-3 decision to hold rates steady only for the time being. Doubt they would raise rates in November (2 days before the US general election) thus December should be a go.

A quick glance through the minutes and there is not a substantial reason why they dint hike....As for BOJ i really don't have much to say apart from CURVE IT LIKE KURODA Market really not buying it.

DB drama... Watch out for eurobanks can easily light the fuse suddenly! Tight stops necessary for survival.

$Yen bearish and testing 100 handle support. BoJ must be very miffed at the market (yen bulls) for showing zero respect to the Banker! Big fight coming up. Avoid the fireworks especially trading the beast. Very easy for accounts to be blown up to pieces when the bazooka fight begins if caught on the wrong side of the trade!

Interesting view on matters GBP

http://www.bbc.com/news/uk-politics-37532364

Theresa May to formally trigger Article 50 of the Lisbon Treaty by end of March 2017.

GBP trades should be in focus this coming week.