Bank of America Merrill Lynch analysts are suggesting that the recent rebound in USD/JPY pair should be characterized as a short squeeze from a positional perspective & a tactical bounce from a technical perspective. Key Quotes “The bulk of recent USD/JPY strength has materialized during London trading hours when hedge funds are likely dominant.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next France’s Macron: Will agree to Article 50 extension request if it’s justified FX Street 4 years Bank of America Merrill Lynch analysts are suggesting that the recent rebound in USD/JPY pair should be characterized as a short squeeze from a positional perspective & a tactical bounce from a technical perspective. Key Quotes "The bulk of recent USD/JPY strength has materialized during London trading hours when hedge funds are likely dominant." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
