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Are investors having 2nd thoughts about the Abe trade - long Nikkei, short the yen (FXY)?...
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Thursday, February 21, 9:05 AM ETAre investors having 2nd thoughts about the Abe trade - long Nikkei, short the yen (FXY)? Markets have lost count of the number of prime ministers promising change Japan's bureaucracy has chewed up and spit out (this is Abe's 2nd go-around). Market reaction to Abe's selection for next BOJ Governor will be key to seeing whether the stock rally, yen devaluation will continue. EWJ -0.7% premarket.
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