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(H2) Remains Below Recent Highs


(H2) Continues to Fade

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Citi On JPY Flow


Citi's FX flow & positioning monitor has noted that "JPY positioning remains in long territory, with all investor segments owning the currency. The recent JPY weakness has been driven by real money reducing exposure; however, they remain long. In addition, this reduction has been offset partially by inflows from hedge funds as well as retail investors who reached a close to 2-year high" in terms of positioning within the indicator.

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |
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