Matrix Checking in from London
I’ve been in London for the past few days, last eve I had drinks with an old friend who is still trading for a large UK bank, they are seeing a lot of interest from around the world regarding Sterling positions with the coming vote in play, many have covered their shorts already…… waiting to pile on depending on the outcome reaction., long or short.
There is a lot of concern towards the outcome and its effects on UK real estate and interest rates .
Would you please post this at the forum as its a great outline regarding $YEN.
http://www.efxnews.com/story/26077/where-will-usdjpy-end-year-outlook-forecast-jp-morgan
Good luck to you all holding full positions into the Scottish vote, perhaps taking some profits would be the play if not, full attention is advised as gold may pop and adding to our short positions could be at any back test $YEN creates…. if any
thanks for the post fgc, glad to here from matrix; i miss his posts.