Latest from Goldmans, they go short GBPCHF on the policy divergence between the BoE and SNB, this is a trade that we fundamentally agree on so we will be looking to position accordingly soon
In the meantime they also stay long USDJPY, so their two running trades are USDJPY long and GBPCHF shorts now, we still don't agree much with the USDJPY but we like the new GBPCHF recommendation
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