This is a train wreck that is a well-anticipated position. The most recent COT Report for the yen shows specs to be short 173K, down a few thousand contracts, but still very large. The short side of the yen looks like a sure thing, but is the trade overloaded on the short side?
In India do we have COT reports releases? Or any equivalent to it.
For those uninitiated, we have COT =Commitment of Trader reports. Check out in wikipedia.com
I am not sure what is the Indian equivalent name for it, but there might be such report.
Thanks and Regards,