Cheers - it's really important for the JPY to be strong if precious metals are going to continue to rally and yesterday's JPY move doesn't give me too much confidence. Had shorts on the cross, unfortunately got taken out on both, one slight win and another slight loss - net2 all good. Anyhow, still in there with silver for now and positions covered so we'll see how it unfolds early next week.
Enjoy the weekend!
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Will Souter, CFO
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