RBC BlueBay Asset Management added to long yen positions as USD/JPY drifted back toward 160, seeing the level as increasingly attractive. The call reflects expectations of possible FX intervention and a Bank of Japan rate hike in June. The article is mainly a positioning update rather than a direct catalyst, but it signals growing bullish sentiment on the yen.
RBC BlueBay Asset Management added to long yen positions as USD/JPY drifted back toward 160, seeing the level as increasingly attractive. The call reflects expectations of possible FX intervention and a Bank of Japan rate hike in June. The article is mainly a positioning update rather than a direct catalyst, but it signals growing bullish sentiment on the yen.
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mildly positive
Sentiment Score
0.15