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Japan top currency diplomat Kanda says closely watching FX market moves

Japan top currency diplomat Kanda says closely watching FX market moves

News
Justin Low
13/07/2023 | 07:41 GMT
  • Remarks by Japan top currency diplomat, Masato Kanda
  • There is the view that speculative yen short positions are unwinding rapidly

He's not wrong there but keep in mind, that speculation is also building on the other side for the Japanese yen - as noted here.

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