Moody's: Yen shorts bets will decrease but won't disappear
Moody's analysts recommend not to be confused by the yen's recovery, as the yen, although not Oversold, is still weak. The Central Bank of Japan's interest rate hike and the weak US economy have reduced the shorting of the yen, but with the decline in US yields, the interest rate rise in Japan, the speculative shorting of the yen will still exist.