USD/JPY Dips Below 100, Adds To Nikkei VolatilityVW Staff
BAML has reported record high bullish positions in the USD index recorded as of last Tuesday. Long contracts from investors on US rose to $42.6 billion from $40.8 the previous week, breaking multi year records. Despite being in a crowded bull market, the USD declined today against major currencies, with the USD/JPY hitting an unwelcome milestone.
The trigger for the frenzied sell off . . .
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