Something for your Espresso: Calling the bottom..
USD liquidity is improving, the BoJ is trying to floor the market (in USDJPY and risk assets), and rates have come down. Here is how we assess when to call the bottom.
USD liquidity is improving, the BoJ is trying to floor the market (in USDJPY and risk assets), and rates have come down. Here is how we assess when to call the bottom.
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