21 June 2010

CNY Reval : Suffering

  • Taken a large hit here today on CNY reval news. Game changer? Not sure.
  •  Market risk appetite boosted. Book positioned wrong way for Risk Off.
  • Reduced risk.

2 comments:

nasdaqstox said...

looks like a fade...

Taichiseal said...

I had too much on AUD+Copper = exposure to China