Daily Alert – Wednesday 20th April 2022: Markets quiet before Macron-Le Pen debate
Yesterday was solidly risk-on. I went long on AUDJPY (weak JPY) and Japan225. Both are just in the money. Sentiment today is more indecisive and markets are quiet.
Later, we have inflation from Canada and New Zealand. On the political front, we have the Macron/Le Pen debate on French TV. Macron is well ahead in the polls but a good showing from Le Pen could weaken the EUR and the Euro50.
We’ll be back tomorrow.
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