Why The Yen Selling May Have Overshot Realities

person using MacBook Pro on table

Image Source: Unsplash
 

The yen has been under intense pressure in recent days, first on the back of the Japanese election result and then exacerbated by broad-based dollar demand as risk-off flows dominated global markets. However, with USDJPY surging, positioning now looks stretched. After all, the broader dollar downtrend remains intact, and we think the market may have overdone the aggressiveness of its yen sell-off.

Video Length: 00:01:57


More By This Author:

Fed’s Next Moves Eyed Amid Shutdown
Dollar Surges As Yen And Euro Tumble
Global Markets Brace For Fiscal Strain

Disclaimer: Any opinions, news, research, analyses, prices or other information ("information") contained on this video, constitutes marketing communication and it has not been ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with