OFFSHORE CHINESE YUAN / JAPANESE YEN
Short
Updated

CNHJPY - SHORT; Start SELLing it for good!

204
Whom do you trust anyways, the Commie Chinese or "kamikaze Kuroda"??... When push comes to shove Ol' Kuroda is still the right bet. (And it's about to come to that, sooner rather than later.)
All "fundamentals" aside, this is one of the most lopsided carry trades out there. (If not The Most...) That alone is deserving a massive sell-off here, about the size of Montana.
Note
Might want to refer to this post, as well;
USDJPY <-> The World; Carry Trades, Safe Havens on the VIX Scale

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.