Category in USD/JPY

Professional-market positioning data

USD shorts are at 13 month highs. GBP longs getting close to levels not seen in 4 years. EUR positioning now back to neutral levels as most shorts have squared up. AUD mixed with macro players still long but shorter-term players tending to short. Emerging market currencies are relatively flat. Conclusion: If you’re bearish on

What’s the BOJ going to do, according to big investment bank analysts

After reading analysis from 3 investment banks I would suggest that the BOJ will do nothing. Contrary to reports in the Nikkei, all 3 analysts feel that the BOJ will maintain it’s present stance. They may stress the slowdown in domestic, regional and global economies. A downward revision of growth and inflation forecasts is also