By Rob Howard — Apr 15 - 02:40 AM
CFTC data showed net JPY short rose to 162,151 contracts in week to April 9
162,151 contracts is largest net yen short position since 2007
Fourth consecutive week in which net JPY short rose by more than 10%
Increase in net yen short preceded USD/JPY break above 152 (on April 10)
USD/JPY ascends to new 34-year high near 154 today (April 15) nL2N3GK06N
188,077 contracts was all-time high for net JPY short position in June 2007
Source:
Refinitiv IFR Research/Market Commentary