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A Huge Build Up in Yen Short Positions

Tue 08 Jan 13 | 06:30 PM ET
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A Huge Build Up in Yen Short Positions

Tue 08 Jan 13 | 06:30 PM ET
David Rodriguez, Quantitative Strategist, DailyFX says there has been a huge build up of speculative short positions in the yen and there may be some profit taking on dollar gains. He says the trend in the yen is crystal clear.

Topics:

Japanese Yen  | U.S. Dollar  | Bank of Japan  | ECB  | Euro  | Squawk Box Asia
 
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