I am still holding my short position in Cable, I am trying to see if this usdyen will be pushed up by the buying wave in stocks, will consider increasing position in cable if the next 4 hr candle closes red. Meanwhile in the frontier markets picked this up on my feed.
Citi on Nigeria: "There are NO offers for USDs in NDF in any broker" but "Sanusi will defend the currency before the end of his tenure"
Go go Sanusi! Show them its not just SNB and BOJ who get to rule the currency markets :-)
No comments:
Post a Comment