“How the speculative positions are handled will depend how much the market factors in a September rate hike after the Fed meeting, i don't see big dollar longs being added even if the Fed hints of a September hike, because current positions already look stretched. But we have to remember that going long on the dollar is the current trend. With euro/dollar plays possibly saturated, players are turning their attention to dollar/yen.
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- Reuters 5 years ago
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"Koji Fukaya Quotes." Quotes.net. STANDS4 LLC, 2021. Web. 17 Jan. 2021. <https://www.quotes.net/citizen-quote/88798>.