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Today's Pick

Yen Ready To Rally: Short EUR/JPY Now, USD/JPY Later

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Our DM ex. US strategists see the yen entering a multi-year rally and recommend shorting EUR/JPY now while preparing to short USD/JPY as Fed cuts approach. The yen remains deeply undervalued across PPP, unit labor cost, and real trade-weighted metrics, near…

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