Looks like the market is “carefully considering the finmin’s statements,” (aka the Japanese low-key way to say go pound sand). Still, though, cant-lose, cant-miss trades usually end up getting leveraged to such grotesque levels that when the reversal comes, it’s a blood and guts affair. Overleveraged players don’t walk through the door, they get extruded.
Sorgente articolo:
Japanese Finance Ministry Official: Excess FX Volatility Is Undesirable, Recent Moves Are ‘Extremely Worrying’ – Forex Factory
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