COT-Yen Speculators Manic Selling Turns to Manic Buying
Several weeks after piling on Yen short positions (USDJPY long) at a rate seen only 3 times in history (2 of the instances…February 2007 and March 2012, led to multi-month reversals), the same group of traders were forced to buy back Yen at the fastest rate since March 2014.
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