how in the heck can you cover your position with this consistent move upward.
Hedge your position in Euro?
Not a joke, crossed my mind yesterday on another thread, half-joking.
Maybe not a joke after all.
BigBoyz could be hedging on lotsa other currencies, better than Euro I don't care to look at.
BigBoyz are not "naked" one position, this would be silly.
Not speaking of the larger financial products I still cannot understand how I could make money of.