Speculator investors set to re-position short USD/JPY above 140 – ING USDJPY BOJ Banks
Turnaround from 140?
In addition, there is still the risk that the Bank of Japan surprises on 16 June by further normalising its Yield Curve Control policy. That would be a Yen positive. And thus it would not be a surprise to see speculator investors trying to re-position short USD/JPY above 140 – even if such a strategy has already proved painful this year.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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