My good friend Rhonda Staskow has posted updated charts on the positioning of Japanese retail traders transacting through TFX, one of the largest FX brokers in Japan. According to their latest data, Japanese traders are turning net long USD/JPY, EUR/JPY and GBP/JPY after being net short in March. There are no [...]

Posted in 2009 japanese yen, Japanese Yen, forex blog, japanese retail positioning 2 Comments »

We all know that Japanese traders have been obsessed with the carry trade. However given the more than 30 percent decline in many of the Yen crosses last year, many people may be wondering how many Japanese carry traders are still in the game. Can these traders still remain committed to their [...]

Posted in Carry Trades, EURJPY, Forex Technicals, Japanese Yen, forex blog, japanese retail positioning 1 Comment »