Don't give up
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Goldman Says To Sell USDJPY: "Pain Trade Is Lower"
If this particular FX trade reco came from Tom Stolper, we would urge everyone to do the opposite with both hands and feet. However, it hasn't, and since it actually makes intuitive sense, we would urge readers to at least give it a cursory skim through. From Goldman's Tony Song Positioning For A USDJPY Move Lower USDJPY has rallied 3.5% in 2 weeks on wide expectations that Abe will come into office on Dec 16 and force BOJ into aggressive monetary easing (target 2% inflation). Market as a result has seen one way demand for USDJPY higher options driving skew sharply higher to recent highs. The desk believes that there ... (full story)
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geomink
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Exodus
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Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
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DragonFire
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There is always a price for promises you don't keep!
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Spreadbetter
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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Spreadbetter
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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DragonFire
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There is always a price for promises you don't keep!
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Spreadbetter
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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spekitox
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forget about tomorrow, just steal away into the night
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Mingary
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spekitox
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forget about tomorrow, just steal away into the night