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JPY Bearish Positioning is Getting Overstretched
Better than expected US non-farm payrolls for April have failed to ignite US dollar bulls. Two outliers; the safe haven currencies, CHF and JPY underperformed against the US dollar due to the resurgence of risk-on behaviour in the US stock market. JPY future’s bearish positioning has highlighted a risk of a short-term revival of JPY’s […] The post JPY Bearish Positioning is Getting Overstretched appeared first on Action Forex...
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Posted: May 8 2023, 06:26
Author Name: actionforex
Views: 081844