💱US Dollar/Japanese Yen FX Spot Rate
USDJPY
▼ NegativeMonetaryrelevance
Stretched yen shorts raise risk of BOJ intervention, which would strengthen JPY
Impact on assets 1
Others
ABN AMRO’s Georgette Boele warns that speculative positioning in the Japanese Yen is very stretched, with large net shorts coinciding with USD/JPY trading near levels last seen in 1986, raising the risk of intervention.
Stretched yen shorts raise risk of BOJ intervention, which would strengthen JPY