Let’s goooooooo!
So I was holding 200K of USDJPY at 141.02 since last week.
Last night I added another 200K at 141.38.
The 5% carry is really nice as I’m earning money every day I hold this 400K position.
Pretty certain this will go to 145-150.
Particularly because the Fed definitely isn’t cutting rates any time soon, and might even raise rates two more times this year. All while the Japanese governor Umeda has said the loose JPY policy will still be in place for the next 18 months.
Let’s see how long I can hold this position for and hopefully I can earn tons of money on this!
Let’s goooooooooo!
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