Yen Traders Turning Long Carry Trades

Date April 28, 2009

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 major changes to the positioning in CAD/JPY, AUD/JPY and NZD/JPY, which have been net long for the past year.

Here are the charts:

More on this topic (What's this?)
Godzilla Will Come Out of Tokyo Bay Before Japan Rebounds (Money Morning, 2/2/12)
Japan's Financial Markets (Wealth Daily, 3/30/09)
Why the Yen Is Set to Weaken (Jutia Group, 1/30/12)
Read more on Japanese Yen (JPY), Investing in Japan at Wikinvest

Category Posted in 2009 japanese yen, Japanese Yen, forex blog, japanese retail positioning

2 Responses to “Yen Traders Turning Long Carry Trades”

  1. Alex Aronskii said:

    April 28th, 2009 at 7:15 pm

    Interesting, I`ll quote it on my site later.
    Thanks

  2. Fred said:

    April 30th, 2009 at 8:40 am

    Thank you Rhonda Staskow!

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