The Traderszone Network

Published in TZ Latest News 11 August, 2016 by The TZ Newswire Staff

Japan back from holidays, USD/JPY trading higher

Japanese markets were closed yesterday, but are back today to close out the week
A few points on the yen:
– Yen longs have been closing out with positioning shifting towards a little more neutral. We get ‘fresh’ data from the CME later during the US timezone (admittedly from Tuesday but that’s the best we get from this data), in recent reports long yens have been cutting down