Derived Data That Drive Results
By Jeremy Boulton — Dec 24 - 03:40 AM
In July when USD/JPY reached its 2024 high traders were long $14 billion
This month when pair above 157 traders short USD
Japanese firms ramp up expectations but still far from reality nL1N3NO06H
Rise over 157.17 suggest pair to at least retest 161.96
Without restraint of speculation pair could reach 165.83 or 176.45 targets
FX intervention will be much less effective nL1N3NP06M
USDJPY Click here
Source:
London Stock Exchange Group | Thomson Reuters
