As per my expectations we had quite an interesting FX opening you can read more about what I had to say over the weekends here: Greece Saga Final Act
This is what an ideal risk aversion scenario looks like when the safe haven currencies are in high demand and currencies like JPY, CHF and the US Dollar are the ultimate beneficiary on this environment. The magnitude of the gaps we saw especially with the yen pairs where something that we never saw at least not in the recent history. But not only t…
This is what an ideal risk aversion scenario looks like when the safe haven currencies are in high demand and currencies like JPY, CHF and the US Dollar are the ultimate beneficiary on this environment. The magnitude of the gaps we saw especially with the yen pairs where something that we never saw at least not in the recent history. But not only t…