HSBC Still Stubbornly Argues That Yen Is Not A One Way Bet

Back in November of last year when the impressive USD/JPY rally was just starting to take off, HSBC incorrectly advised clients to not ride this rally as it is doomed to fail within few weeks. Here is a short quote of their view back then: “For USD/JPY it is always up the stairs and then d…

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HSBC Still Stubbornly Argues That Yen Is Not A One Way Bet

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