USD/JPY: Bit of a worry when commentators start talking about “one-way bets”

These one-way bets are hard to find and are usually referred to as such, after the race has been run! Just reading a few comments referring to USD/JPY as a one-way bet now, ie it can only go up. That’s a worrying sign in my contrarian opinion!

  1. I held firm last night by the skin of my teeth and rode the wave downward. If I hadn’t got on the sauce in the afternoon, I think my bottle would have crashed! I felt gutted that you got stop out mate, you were on the right side of the vibe too. These illquid markets are like bendy mirrors at a fairground.

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