USDJPY's 87% August Record

by Ashraf Laidi

Aug 12, 2013 16:50

August is the month when USDJPY fell in 13 of the last 15 years (87%), with 2006 and 2008 being the only exceptions since 1998. Repatriation of August coupon payments from US treasury bonds by Japanese investors has long been attributed to the yen's summer gains. So what happens now and beyond? Full charts & analysis

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