Home BofAML: Short squeeze in USD/JPY

BofAML: Short squeeze in USD/JPY

Updated: 27 Feb. 2019 | 14:07

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.”

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