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An ‘Explosion Of Large Block Trades,’ And A ‘Currency Cold War’
Ok, well it's safe to say that former FX trader Richard Breslow has his "ear to the street" or his "finger on the pulse" or whatever other cliche you want to conjure to convey the notion that someone is generally aware of what's going on.
Breslow's Wednesday missive was spot-on and he's back on Thursday with another piece, documenting the preponderance (he calls it an "explosion") of large block trades in rates, something we have flagged repeatedly this week (see here, here and here, for inst
