Recent developments in Ukraine have been very risk averse to the market and classic safe haven assets classes like Gold and yen saw some capital inflow. And I was long both yen and Gold, but last night something caught me attention which was Nikkei which suggested to me that we are set for a rally. Price structure on Nikkei made me change my mind and from being net long yen which means short xxx/jpy pairs, to being net short yen which means being long xxx/jpy.
Usually in time of uncertainties Ri…
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