Currency Positioning and Technical Outlook: What Next?

The main development in the foreign change market over the past week has been the short squeeze of the yen, and to a lesser extent, the Swiss franc. The move coincided with a backing up in JGB yields, with the 10-year approaching the 1.0% threshold, a nearly three-fold increase since the BOJ anno…

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Currency Positioning and Technical Outlook: What Next?

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