The question people should be asking re Biden is not whether he runs in the next election but if he’ll last thru this term… Still 11 months to go til Jan 20 next year….
Re JPY- The challenge to trading short JPY positions is the BOJ is holding aces (duh, right?). One comment on shift in policy and the elevator takes the express route down. As soon as they view things a bit too far too fast, they play a card… Game of chicken in other words… I don’t have a good answer for this one other than trade the trend but only with short term trades. Points get left on the table but you sleep better at night….