Forex Investment and Currency Trading

YEN 1 – 3 Month Outlook
JPY was the third worst performing G10 currency (after NZD and CAD) through the course of June, with USD/JPY hitting a succession of three months highs and EUR/JPY hitting a new record high before correcting somewhat lower at the tail end of the month. In part, JPY weakness seems to [...]

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Stocks: One of the big reasons to be bullish stocks lately has been the enormous stash of cash on the sidelines, a byproduct of the raging fear in the markets from January to March. But if this massive flood of money is lurking, should we not have seen a big rise in volume as the [...]

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Positioning now favors further yen appreciation toward 90 vs the USD once the 95.77 yen-high is broken.
Japanese retail investors have been raising foreign currency assets mainly through investment trusts and FX margin accounts. Their typical trading pattern has been contrarian i.e. they buy foreign currencies when the yen appreciates, and sell them when the yen [...]

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