Yields remain high, equities rebound, and gold prints a new high
Moving Markets
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Analysis of Bank of Japan Challenges and Preferred Currency Trades
Exploring the hurdles encountered by the Bank of Japan regarding the yen's yields and ineffective interventions. Recommendations include avoiding direct yen positions and opting for puts on alternative currencies, along with favored trades like shorting the Swiss Franc and going long on the New Zealand dollar.
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Transcript
