It is good to see sterling reacting to positive data, but given all the risks surrounding Brexit, we feel any rise in the pound is a good opportunity to establish fresh short positions. Petr Krpata More Quotes by Petr Krpata More Quotes From Petr Krpata We are in a broad-based soft dollar environment, and given the yen is cheap in relation to its long-term fundamentals, it is not surprising it is outperforming, the rise is leading to speculation of intervention by the Japanese. But we think the bar for that is pretty high. Petr Krpata company-news