Another potential risk aversion trend has failed to gain traction this past week; and it has taken its toll on my positions. Though I was tame in sizing my positions, the fact that I was largely skewed in my exposure towards a general trend in risk aversion was undeniable. Do I have any regrets in [...]

The latest break back above 0.7200 is somewhat concerning, with the market ending a bout of consolidation and inching closer to some key highs in the 0.7500’s. However, despite the latest surge, we continue to retain a bearish bias and still see the risks for some major declines over the medium-term. The 78.6 [...]