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The Yen Trust ETF (FXY) -1.3% premarket after BOJ Governor Shirakawa steps down three weeks...
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Tuesday, February 5, 8:17 AM ETThe Yen Trust ETF (FXY) -1.3% premarket after BOJ Governor Shirakawa steps down three weeks ahead of schedule. PM Abe has made it clear he wants someone on the job who will be bolder with monetary policy (the U.S. has a couple to offer). Currently speaking at a news conference, Shirakawa says he's under no pressure to resign early. Sure.
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Finally, if there were a market in BOJ governor longevity, I would recommending shorting that as well.