German fin min speaking in Davos 19 Jan

  • need financial regulation to avoid mistakes of the past
  • must work for resilience in the global economy

Yada yada yada, the WEF juncket continues.

Meanwhile GBPUSD continues to look ok above 1.2300 but failing above 1.2335 so far while USDJPY found support below 114.50. I hope some of you joined me in a sell into 115.00 and have taken some money off the table.