美元 / 日圓

Hawkish BOJ Pulling Yens, Continue Or Not?

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Going into Monday we can see a risk on environment that hasn't faded.

Despite this, Yen inflows due to a more hawkish BOJ have pulled Yens lower.

This opens the doors to sentiment/tech trades on the basis of an easing FED VS A more hawkish BOJ.

Would only re-short for this reason on pops higher, as shown (blue arrow). Very careful on any longs.

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