Calmer USD and JPY, weaker EUR, more upside for EM and commodity currencies

Posted on April 14th, 2016

The recent rising trend in the JPY and falling trend in the USD have had a life of their own this year, unwinding excessive positioning built up from end 2012 to mid-2015 for the JPY and from mid-2014 until January this year for the USD.  These trend reversals have contributed to the volatility in global […]