BNB$676.86-1.31%BRENT$95.69+0.18%BTC$77,711-1.93%COPPER$6.59+0.22%DJI$53,686+1.18%DOGE$0.0841-1.44%DXY98.96+0.05%ETH$2,396-1.99%GOLD$4,484+0.23%NDX$29,482+1.16%SILVER$67.13+0.25%SOL$91.24-2.07%SPX$7,748+1.06%US10Y4.76-0.71%VIX14.32-5.79%BNB$676.86-1.31%BRENT$95.69+0.18%BTC$77,711-1.93%COPPER$6.59+0.22%DJI$53,686+1.18%DOGE$0.0841-1.44%DXY98.96+0.05%ETH$2,396-1.99%GOLD$4,484+0.23%NDX$29,482+1.16%SILVER$67.13+0.25%SOL$91.24-2.07%SPX$7,748+1.06%US10Y4.76-0.71%VIX14.32-5.79%
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JPMorgan Warns Yen Shorts Could Unwind Below 155 Level

Key takeaways

  • JPMorgan strategists indicate that a significant unwind of short positions in the yen could lead to accelerated gains if it strengthens past 155 per dollar.

Analysis

JPMorgan strategists indicate that a significant unwind of short positions in the yen could lead to accelerated gains if it strengthens past 155 per dollar.

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