What’s Hot & What’s Not In FX?

USDJPY appears to have found a tentative bottom over the past week, bouncing from 96.50 in spite of weaker US equities. Positioning is whistle-clean, domestic bids below appear firm and the Nikkei is finally finding support from better domestic data and earnings. A fully-fledged correlation break…

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What’s Hot & What’s Not In FX? – Deutsche Bank

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