USD Decline Just A Position Squeeze; 3 Reasons To Stay Strategically Bullish

Overnight, Nomura long USD/JPY from 103 hit its stop at 100.50 before bouncing back. That came on the back of a broad USD weakness which Nomura sees as an outcome of position unwinding and not a reflection of the macro story. As such, Nomura keeps advising clients to stay strategically bullish …

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USD Decline Just A Position Squeeze; 3 Reasons To Stay Strategically Bullish – Nomura

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