# Japanese Yen Outperforms as 'Short Squeeze' Risk Lingers

> The Japanese yen outperformed most major currencies on Tuesday after the BoJ's April policy decision. Speculative investors have held large bets against the yen, and some are now reducing them. USD/JPY fell 1.1%, though it remains up about 5% for 2021.

- Date: 2021-04-27 · published 2021-04-27T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/47841-japanese-yen-outperforms-as-short-squeeze-risk-lingers
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Yen strength reflects position unwinding rather than a fundamental shift, so its effect on dollar-priced feed imports is limited. Traders expect further moves to depend on US yields.

## Read by commodity

- USDJPY: bearish ▼

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/yen/15343-japanese-yen-outperforms-as-short-squeeze-risk-lingers

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.