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Does the recent beta underperformance portend near-term UST- and JPY-bullish risk aversion?

naufalsanaullah's picture




 

Original piece here.

20110126

 

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Wed, 01/26/2011 - 02:17 | 905420 Orly
Orly's picture

You mention you are long USD and JPY but you say that you are already short USDJPY.  (I see record lows, myself...).  I suppose that you are short EURUSD to give USD strength.

I can see weakness in the USDCHF charts as well, so USD strength, as recorded by DXY, would mean the Euro would take a real pounding.  Is that your assessment?

:D

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