9 Dec 2013
Flash: Long USD/JPY commitment – Societe Generale
FXstreet.com (London) - Kit Juckes, global head of currency strategy said, “The one Dollar long we are committed to this morning is USD/JPY.
Key Quote:
“A test of the year's high at 103.74 is the next focus Japan's current account was in deficit on a seasonally adjusted basis in both September and October, the first time it has been in deficit for two consecutive months since pre-1985”.
Key Quote:
“A test of the year's high at 103.74 is the next focus Japan's current account was in deficit on a seasonally adjusted basis in both September and October, the first time it has been in deficit for two consecutive months since pre-1985”.