Nomura Fantasizes About Traveling Back In Time And Trading FX

Nomura analyst Bilal Hafeez takes a day dreamer’s approach to trading in a June 15 report. Looking back year-to-date at the best currency trades, Hafeez considers the best of the best that occurred in hindsight. This is, in some respects, the short-term trader’s fantasy where picking the exact highs and lows is possible and Santa Claus and the Tooth Fairy play an actual role in life. The best currency trades always occur in hindsight When determining the best currency trades of the year, a nice absolute return would have been found in the euro, buying on January 3 at 1.04…