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Yen’s $103 Billion Short Risks Unwind Below 155, JPMorgan Says

Key Points

A further unwind of sizable short positions could accelerate the yen’s gains if it strengthens past 155 per dollar, according to JPMorgan Chase & Co. strategists.

A further unwind of sizable short positions could accelerate the yen’s gains if it strengthens past 155 per dollar, according to JPMorgan Chase & Co. strategists.
Yen (PERSON) JPMorgan (ORG) JPMorgan Chase & (ORG)
Originally published by Bloomberg Markets Read original →