Said emails include a bank worrying that retail currency conversions between JPY and USD may become unreliable due to a lack of counterparties, a worry which... seriously, does the bank have literally no one who understands how any of this works?
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I mean yes the proverbial Watanabe-san will probably pull her liquidity but that is one of the world’s most important currency pairs which has a) deep, deep fundamental demand in both directions daily and b) practically every institutional counterparty in world happy to step in.
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End of conversation
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Ten consecutive days of uninterrupted coding... Woohoo!
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Funny. In college a "golden week" was what we used to call it when we managed to attend all of our lectures and tutorials that week!
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Does the beginning of the new era play a factor in it being longer than normal?
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