the yen is up 20 % against the dollar this year (120-105) in a creeping unwind of the global carry trade (borrow free yen and buy risk)
there is a neat little print at 78.82 that's been marinating since the spring of 1995
the next yen leg up and risk leg down will reward patience of Job buyers of volatility
there is a neat little print at 78.82 that's been marinating since the spring of 1995
the next yen leg up and risk leg down will reward patience of Job buyers of volatility
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