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Dollar-Yen Trade Too Crowded: Pro

Wed 09 Jan 13 | 06:30 PM ET
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Dollar-Yen Trade Too Crowded: Pro

Wed 09 Jan 13 | 06:30 PM ET
Ed Ponsi, Managing Director, Barchetta Capital Management says he has pulled out of the crowded dollar/yen trade, but says it is worth going long dollar if the currency pulls back to the 85-86 yen range.

Topics:

Japanese Yen  | Currencies  | Japan  | Squawk Box Asia
 
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