bill on Nostr: Foreigners are not net short USDs; they are short USD cash but massively long USD ...
Foreigners are not net short USDs; they are short USD cash but massively long USD assets 👇.
Any time USD $dxy gets "too strong", foreigners will sell their now $57T (gross), $22T (net) in USD assets "until their hands bleed" (as a trader I know used to say) to raise USDs.
the carry trade ( usdjpy ) is borrowing negative yield yen and invest in high yield instruments around the world : ai stocks, sp500, ust, gold, bitcoin, real estate, ..........when jpy get stronger and usd get weaker, carry trade unwind will be messy !
Published at
2024-08-26 19:48:57Event JSON
{
"id": "7f38078a70e5cab20858963cc4e95b7448dc971bc6b54278c72548bfcfecddcc",
"pubkey": "ee527d6cadba47bdf48142c530ce02ab25275db285699e805f2865883d5705e0",
"created_at": 1724701737,
"kind": 1,
"tags": [],
"content": "Foreigners are not net short USDs; they are short USD cash but massively long USD assets 👇.\n\nAny time USD $dxy gets \"too strong\", foreigners will sell their now $57T (gross), $22T (net) in USD assets \"until their hands bleed\" (as a trader I know used to say) to raise USDs.\n\nthe carry trade ( usdjpy ) is borrowing negative yield yen and invest in high yield instruments around the world : ai stocks, sp500, ust, gold, bitcoin, real estate, ..........when jpy get stronger and usd get weaker, carry trade unwind will be messy !\n\nhttps://m.primal.net/KORx.jpg ",
"sig": "36b677fd80b3c24ce2e551f5bab4ee6a67e9da65caad4b8e0acf9b3e62abb75e160a6853321772a201c025d479d62e95910619f5699f9e9f830d6e4d15f24bef"
}
