Source: Forexcom
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USD/JPY outlook: Yen shorts flushed again as history points lower
USD/JPY has seen a huge unwind over the past couple of weeks, and we've just found out that a large chunk of that move may have been driven by a significant clear-out of short-yen positioning among speculators, according to the latest data released by the CFTC on Friday.
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Source: Forexcom
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