Yen Shorts at 3 Year Highs as $USDJPY Breaks 111

24 Jul '17 at 7:35 pm #10524

Participant

Nice and clinical thanks – herd is usually long but like most things are bailed out by averaging until they are not. Seems JPY shorts and $USDJPY longs have been to a large extent bailed out by $EURJPY and $AUDJPY longs.

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