Persistent Net-Long USD/JPY Positioning Instills Bearish Outlook

Even though open interest narrows ahead of the key U.S. data prints, retail position appears to be getting stretched again as 74% of traders are long USD/JPY.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/09/13/Persistent-Net-Long-USDJPY-Positioning-Instills-Bearish-Outlook.html?DFXfeeds=forex:fundamental:us_dollar_index:daily_dollar