DislikedI know this is a bit early, but I get a bad feeling about Japan's elections. It's practically a given that Abe Shinzo's party will take the majority, and he'll likely stay. In fact, it'll require a major outlier event to prevent this, and given Abe Shinzo's pro-devaluation of the yen, this should be good for the GBP/JPY. In theory. But what if the market makers have already cashed in on this news? I understand they're doing that right now, but what I mean is this: what's to stop them from dragging the geppy to new lows below 185 (say, 184)...Ignored
Fix up, trade sharp ...