Imagine opening your trading platform and seeing:
Treasury Secretary: “I am the house now.”
You: “Interesting… anyway, where’s the short button?”
Bessent says his coordination with Japan gives him asymmetric information on the yen and BOJ policy.
The yen has already strengthened sharply following the US-Japan intervention, so USD/JPY is definitely one to watch.
I’ve got the pair open on BingX right now.
Do you go against Bessent, or take the other side of the trade?
And if you wanted another way to express that view, would FX options make more sense?
This could be one of the most expensive games of “prove me wrong” in FX.
#USDJPY #Forex #FX
Treasury Secretary: “I am the house now.”
You: “Interesting… anyway, where’s the short button?”
Bessent says his coordination with Japan gives him asymmetric information on the yen and BOJ policy.
The yen has already strengthened sharply following the US-Japan intervention, so USD/JPY is definitely one to watch.
I’ve got the pair open on BingX right now.
Do you go against Bessent, or take the other side of the trade?
And if you wanted another way to express that view, would FX options make more sense?
This could be one of the most expensive games of “prove me wrong” in FX.
#USDJPY #Forex #FX
