The Yen Trade Just Flipped

A Reuters photographer during a Presidential cabinet meeting took a picture over Treasury Secretary Scott Bessent's shoulder. That showed his private notepad, and it read: "To Do, Buy Japanese Yen (JPY)" Well, that's a massive one! Because this is not another Bank of Japan intervention that gets faded. Tokyo and Washington are buying the Yen together, something VERY rare, and very powerful. Oh and it lands with speculative Yen shorts at the largest position on record, the same extreme we saw in June 2007 and July 2024. So in this video I show you both of those charts and what happened next, because that is the part that tells you what this move can become. Content of the video: 00:00 The note leaked US Treasury note 01:40 What makes this one different 04:10 It's a big one! 05:54 The crowd is on the wrong side 09:53 Was it on purpose? Telegram Channel: https://t.me/BeSomebodyFX Website: https://besomebodyfx.com Private Network: https://besomebodyfx.com/besomebodyfx-network/ Instagram: https://instagram.com/besomebodyfx X: https://x.com/BeSomebodyFX DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.