This coming FED meeting is of tremendous importance. In addition to this, the GEO POLITICAL RISK that has emerged in the UKRAINE is notable. We must keep a close eye in that situation.

We are going into this week light, with a lot of DRY POWDER.

We feel there will be good SHORT TERM TACTICAL opportunities as vols should see a bid.

We remain BEARISH USD on a medium/long term basis, but will look at markets form a 2-way risk perspective.

We should see some widening of ATR (average true ranges) in many FX pairs, giving us plenty of opportunities for alpha this week.