JPY longs being squeezed so far. My stop @ 113.50 was triggered (+140 p)
Bought USDCAD @ 1.0550. I have to get involved with the greenback this week. Still not sure if or how much the Fed will cut. Simply don't see a 50 bp cut - too dramatic for a guy like Bernanke.
Please read this: https://gm.bankofny.com/Research/FXComment.aspx?ReadMore=Yes&ContentManagerID=6573
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