JAPANESE YEN POSITIONING REMAINS AT EXTREME LEVELS
USDJPY - The ratio of long to short positions in the USDJPY stands at 4.97 as nearly 83% of traders are long. Yesterday, the ratio was at 3.47 as 78% of open positions were long. In detail, long positions are 11.5% higher than yesterday and 16.2% stronger since last week. Short positions are 22.1% lower than yesterday and 7.4% stronger since last week. Open interest is 4.0% stronger than yesterday and 126.1% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.
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