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Tuesday, February 28, 2023

Fundamental: Key Gauge of Yen Positioning Flips Bullish Amid BOJ Policy Bets

Forex Factory
 
 
Alert Alert Feb 28, 2023, 4:43pm
 
Fundamental: Key Gauge of Yen Positioning Flips Bullish Amid BOJ Policy Bets
Investors and traders continue to ramp up their bullish bets on the yen, with one eye firmly fixed on looming Bank of Japan management changes. Citigroup Inc.'s pain gauge for the yen, a measure of overall trader positioning, has climbed above zero for the first time since 2021, a sign of increasing positive sentiment. Investors continue to bet the BOJ's ...
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