Goldman also sometimes mistaken ;)

hello,

During the week the investment banks have published their positions on various currency pairs. Exactly on Tuesday, Goldman Sachs and Commerzbank published their trades on USD/JPY.

Goldman Sachs maintains a short position from 97.30 with target to 94.00 and stop in 98.00

Commerzbank has a short from 98.27 with stop in 98.30 and target 95.85

As a result, recent increases Goldman Sachs and Commerzbank were "thrown out" on his stop. Current rate is 98.50

According to the latest market information BNP Paribas is to have the following items on the foreign exchange market:

BNP strategists to maintain a short position in EUR/USD from 1.3510 with target in 1.2800 and Stop in 1.3730.
In addition, BNP is holding short on GBP/USD from 1.6040 to target in 1.5330 and Stop at 1.6310

Its financial results announced today, the bank JP Morgan: Earnings per share from continuing operations (EPS) 1.42 USD, expected $ 1.30. $ 7.2 billion for judicial expenses. Revenue lower than expected - 23.9 billion against expected 25.15 billion. Net loss 400mln USD. President J. Dimon says that the company has significantly improved control over the market, so as to avoid further scandals. Expenditure on legal proceedings to decrease in the coming quarters.

and on the end of the week, short funny movie about Goldman Sachs :) nice and safe weekend, oscarjp