Free Trial

A lot of head scratching re: the ferocity.....>

FOREX
FOREX: A lot of head scratching re: the ferocity of the latest round of risk-off
flows.
- That will likely have some pointing to Mrs Watanabe as the driver of the
moves, especially given the swings in the high yielding MXN & ZAR:
- While TFE futures positioning in both is back from the recent extremes (in
outright terms), the Japanese retail investor base could easily be the driver
for the moves, given the heavy bias towards long MXN/JPY & ZAR/JPY evident (per
latest data).
- Link: https://emedia.marketnews.com/MrsWatanabe090320.png
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.