JP – one would think! As long as they keep liberal arts out of it, but it doesn’t go that way in places like Berkely Univ. My belief is 1 hour field trips into the worst banks in one’s locale would be more of a lesson in one day than 10 semesters of politically slanted blab mixed in. Side note – I think ChfJpy is finished with the 170 to 171 range. Maybe one more push in there but expecting no dice.
JP – I’m long UsdChf with you and have a resting buy in Usd/Cad lower toward the figure. On the side, EurJpy is virtually guaranteed to get to 162 at least ultimately in time.
GVI 3:35 / powell s unlikely to want to rock the boat and is not likely to be overtly clear about policy prospect
be a surprise if he pulls the carpet from under his minions’ messaging that progress is being made BUT there is still more work to do — see wiliams yak below – he is likely to stay away from rate cut risks
IF fx requires nerve sometimes and gives u ulcers – fear of losing – then maybe best to change vocation as self-control of fear is about the only thing that one can control. And if you can’t … get a job teaching. as the old saw says
dlrcad 1.3562 – I am bullish the pair. players expecting 5% rate. If macklem comes out oooh-n-aaah-ing not yet there miawing I am expecting players will take that as hawkish and club some of the eager doves
for me 1.3550/40 needs to hold else its it is my BoD death
GV – I remember that flash crash in 2014 I think it was. I was on the right side of the fence small purely out of luck and got out fast small +. That day was intense. Foreign exchange requires nerve sometimes eh?
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