Thu, Jul 3 2008, 10:26 GMT
by Mihai Nichisoiu
It's intriguing how well supported some yen crosses have stayed recently, despite the US and particularly the Japanese stock market's losses.
After dumping a heavy short yen exposure earlier this week - as short-term adverse fluctuations could have brought me severe equity drawdowns - I may pop back in favoring long CHF/JPY and EUR/JPY positions.
I'm also considering going long the Euro against the British pound - it'd be for the 4th time since last November.
Published on Thu, Jul 3 2008, 10:30 GMT
Mihai Nichisoiu
| Bucharest, Romania
http://www.mihainichisoiu.com | mihainichisoiu@gmail.com
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