Macro idea

I have two possible trades: buy USD/JPY @ 109 area and sell GBP/USD @1.32 level. Both of these are based on a USD positive bias.

Could be wrong on this but goverment shutdown seems to be ending if Trump, Nancy and Chuck can get along. The Fed is going to raise rates soon but not immediately and no other CB is even considering raising rates.

Mulling over the other possibilities…

Another possible short, AUD/JPY if the trade war carries on. I am no expert in the cessation of trade wars but this doesn’t seem to be it.

Written on January 28, 2019