Yen vs. Usd is again at the tipping point above 159 and closing in on 160 where the BoJ has intervend in the past. I expect that they will have to move again here and that means.... raising interest rates setting off the reverse carry trade. I'm sitting back watching this with a smile on my face knowing the outcome.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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