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Our BOJ scenarios under Ueda - SocGen

Societe Generale Research discusses the BoJ policy trajectory under the Ueda regime.
"The CFTC has had a data issue and hasn’t been updating position data but we now have figures for the end of January. Yen positioning was still short at the end of January (when USD/JPY had broken below 130). Yen buying probably wasn’t by speculators but by hedgers of foreign bond holdings. The traders aren’t convinced. Maybe the February data will see that lack of conviction in the idea of a BOP p... Read More
Posted: Feb 28 2023, 17:02
Author Name: forexlive
Views: 070446