By Vassilis Karamanis, Bloomberg Markets Live reporter and strategist
The shift in the options space that started after Bank of Japan Governor Kazuo Ueda’s press conference on Friday extends as the week kicks off.
According to DTCC data, 70% of the total vanilla exposure that has gone through since the BOJ policy decision stands for dollar topside; leveraged funds, including those in Europe and US, cut USD/JPY short cash and long put positions.
