Apologies for the Grinch-like tone of this post, but it's news you need to know.
Just when you thought you could step away from your screen over the holidays, new data suggests there could be big swings ahead in the forex market.
"FX positions are at extremes, with almost every net long held in the largest amount it has been all year and the net short JPY position also extended," said Camilla Sutton, chief currency strategist at Scotiabank. "This leaves FX markets vulnerable if there is a sudden shift in sentiment or spike in risk aversion." In other words, with so many investors positioned in the same directions, a big news event or other market mover — think