I am short on YEN at 91.5 (Forward position-maturing Nov/22) . And also bought an option on the euro at strike price 1.15 maturing Sept/20. I'd like to know what to do with the 2 positions I have. In both cases, what price should I get out?
What do you think about the Euro vs Dollar and Dollar vs Yen? Where do you see both currencies going?
Why did the yen go up in value drastically today .. from 92.5 to 88.9 (then bounced back to 90.1)?