Dealers say the UK has instituted another ban on short-selling of UK stocks. Looks like you’ll have to sell the pound if you have a negative view on the UK…CLARIFICATION: Apparently it is an FSA disclosure requirement, not a ban.
Markets are whipping around with little rhyme or reason this morning with volumes very low.
There is talk of demand from a Japanese automaker for EUR/JPY today. Seems to me one of the French car companies has an interest in Japan…
EUR/USD trades at1.2823 after a slide to 1.2770. Be careful out there…
