Comments on: USD/JPY failing to rally hard after FinMin comments https://fxww.com/usdjpy-failing-to-rally-hard-after-finmin-comments/ The Professional Source Tue, 08 Jan 2013 06:58:44 +0000 hourly 1 By: Milan https://fxww.com/usdjpy-failing-to-rally-hard-after-finmin-comments/#comment-13964 Tue, 08 Jan 2013 06:58:44 +0000 http://fxww.dreamhosters.com/?p=4235#comment-13964 UBS reporting today that asset managers & hedge funds sold U/J last week to take profit and Citi also noting that their positioning is neutral because of profit-taking.

A retracement is due, it seems large money is not so willing anymore to buy that high.

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