Chatter is hedge fund buying of USD/JPY this morning (chatter comes after it has rallied … oh dear)
Yesterday the chatter was of sellers pulling offers as option interest lightened up (the chatter came after it had already rallied … and sure enough down it went … LOL)
Now the talk is there a big barrier option back on at 83.00
Make of this what you will. I don’t know about you, ladies and gentlemen, but I’m approaching the Friday Cliff (yes, we need more cliffs :-)).
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