The Japanese yen is being aggressively shorted! Analysts warn: If it falls below 162, it may rapidly drop toward 170.
The Japanese yen has fallen to an 18-month low as hedge funds bet that Japanese authorities will tolerate the exchange rate slipping toward the 165 level. Analysts warn that if the key technical level of 162 is breached, the exchange rate could quickly soar to 170, putting the deterrent power
