JPY: Speculators holding near-record amount of gross and net long yen - BBH

Research Team at BBH, suggests that the Speculators in the futures market are holding a near-record amount of gross and net long yen.

Key Quotes

“On the other hand, portfolio managers have been selling yen. Japanese institutional investors have stepped up their buying of foreign bond, set a new weekly record earlier this month. Foreign investors have continued to liquidate their Japanese equity holdings, and also set a weekly record for sales earlier this month.”