Looks like some big funds are being margin called and are out of liquidity so brokers are being forced to start selling and unwinding those positions. Probably due to the sudden strengthening of the Japanese yen. It recently was all the way down to 166 to the dollar and today it's at 146.
Looks like some big funds are being margin called and are out of liquidity so brokers are being forced to start selling and unwinding those positions. Probably due to the sudden strengthening of the Japanese yen. It recently was all the way down to 166 to the dollar and today it's at 146.
Some sort of feedback loop has begun again.
Where are you getting any of that from?
Peruvian Bull has been covering the Japan situation, almost daily, for at least a year now.
https://x.com/peruvian_bull