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In this morning’s edition of The Macro Show, Hedgeye CEO Keith McCullough answered a subscriber question regarding TRADE changes in several cross-currency pairs.
“We have a delta change in FX that’s not good for the Dollar. Japan deteriorating economically into #Quad4 could also lead to the ‘safety trade’ developing for the Yen,” explains McCullough, as he dives into the asset classes that are affected by the foreign exchange moves (and the trades he’ll be making as a result).