Macro Man will attempt to leg, rather than limp, out of the EUR/JPY 'hedge' by buying $12.5 million USD/JPY at 116.80 and then bidding 1.2885 for 10 million EUR/USD, with a 1.30 stop loss o/c/o. It appears that Voldemort has decided that enough is enough and is capping EUR/USD at 1.2920....
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