Reported 9 months ago
The Japanese yen is experiencing increased volatility and pressure as its value drops to 1986 levels, prompting concerns about potential intervention by Japan. Investors are demanding a premium to guard against sudden moves, with bearish yen wagers increasing and active trader positioning turning negative. Japanese authorities have issued warnings but are prepared to intervene if necessary. Charts indicate the pressure on the yen, with implied volatility remaining elevated, significant bearish wagers, and a surge in short bets. The effects of previous interventions have faded, leading individual investors to consider selling the yen if it strengthens post any future intervention attempts.
Source: YAHOO