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Shorting the yen has paid off nicely this fall, especially in the last two weeks. No surprise...

Shorting the yen has paid off nicely this fall, especially in the last two weeks. No surprise then, the trade is beginning to get a little crowded. CFTC position data shows net shorts climbed 70% in the week ended Tuesday to 51K contracts.
Comments (1)
  • go long the yen. there is way too much speculation on the short side. Never trust the japanese to print "enough"
    26 Nov 2012, 04:14 PM Reply Like
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