Leveraged funds have turned bullish on dollar-yen as they rush into positions that project the currency pair will rise as much as 5% in the coming months.
David Finnerty is an FX Strategist at Yahoo Finance. He specializes in finance and trading, with a focus on commodities and futures, and frequently covers topics related to markets, inflation, and economic stimulus, particularly in the contexts of China and Japan. David's insights and analyses have been featured in prominent publications including Yahoo Finance, BNN Bloomberg, Bloomberg News, and Fortune.