"What A Week": Goldman Says Main Flow Was "Dollar Vs Everything"

What a week... indeed!

This time, as Goldman's Jonas Schmitten notes in an excellent "Just The Charts" noted to cap a few crazy days, there was really only one dominant theme across FX markets - but it appeared in multiple forms and moved quickly.

A key takeaway from the week is the importance of positioning, particularly given how violent price action can be in crowded trades.