Traders Are Short JPY

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🇯🇵 🇯🇵 Bank of America’s Global Financial Stress Indicator dropped to a four-year low last week, signaling buoyant investor appetite for higher-yielding riskier assets. The yen, the currency of the world’s only remaining economy with negative interest rates, posted its eighth weekly decline against the dollar on Friday. That was the longest losing streak since October 2022
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