Shorting the yen
Investors have been aggressively shorting the Japanese yen in recent weeks in anticipation of a more dovish approach from the Bank of Japan. However, Adam Cole, foreign currency strategist at RBC Capital Markets thinks that these traders are heading for disappointment. He joins currencies correspondent Alice Ross to discuss the effect of the Japanese elections on the currency and whether investors are falling out of love with the Swiss franc, following inaction from the Swiss National Bank.
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