Japanese Yen Is Massively Oversold But Which Currency Pair Offers The Best Value?

Along with the long bond position, one of the great one-way trades since the start of the Global Financial Crisis was to be long of Japanese yen in the foreign exchange markets. So while equities fell from October 2007 highs to March 2009 lows and then bounced over 200%, USD/JPY just fell one way…

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Japanese Yen Is Massively Oversold But Which Currency Pair Offers The Best Value?