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A JPY/$ bank trader is currently quoting a small figure of bid-ask of 85-90, when the rest of the market is trading at 100.80-100.85 (JPY/$).
A JPY/$ bank trader is currently quoting a small figure of bid-ask of 85-90, when the rest of the market is trading at 100.80-100.85 (JPY/$). What is implied about the traders beliefs on JPY by his prices?
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