The same OIS-CFTC gap that preceded the August 2024 crash is reopening. Speculators added 20,000 yen shorts in a single week — and Ueda's cautious speech just gave them permission to add more.

But Bessent has seen this pattern before. He used to profit from it. Now he's the one trying to prevent it.

The poacher became the gamekeeper. The BOJ meets in 14 days.

https://gyokuro.dev/en/posts/three-numbers-boj/

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