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JPMorgan Says Raise Industry Unraveling Is Best Part Whole

JPMorgan Says Raise Industry Unraveling Is Best Part Whole
August 6, 2024



The new unwinding in lift trades has extra space to run because the yen stays probably the most undervalued currencies, in keeping with JPMorgan Chase & Co. “We aren’t accomplished by means of any stretch,” Arindam Sandilya, co-head of worldwide FX technique, stated on Bloomberg TV. “The lift business unwind, a minimum of inside the speculative making an investment neighborhood, is someplace between 50%-60% whole.”

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