Citi: FX Positioning Indicator: JPY Longs Near 4 Year High – FXWW Chatroom

JPY longs have now reached the highest level since late 2011 at +2.75 as the 
Greece debt crisis, China’s equity plunge and declining commodities all weight 
on risk appetite, sparking safe haven flows. USD positioning remains 
unchanged at +1 while EUR shorts increased slightly from -0.5 to -0.75. 

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