The Yen Carry trade unwind is far from over, with total net Yen shorts being barely covered
https://x.com/Marcomadness2/status/1819830981941146019
Nikkei. The moment of truth has arrived. Dead on the primary trendline. Below and it the abyss Above and the inevitable is delayed.
https://x.com/great_martis/status/1819913038717489361
....I would expect ASX to experience a sharp drop at the start, then there would be people BTD without looking at what is transpiring in Japan (Nikkei).
....good luck, stay safe and will post again in two weeks.
....of course I will be following market developments as much as I could during holidays, even though I am on the sidelines. It is what I do.
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The Yen Carry trade unwind is far from over, with total net Yen...
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