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Entered a short position in CHF/JPY at 167.05.
Stop-loss is set at 167.67.
An emergency meeting is underway among the Bank of Japan, the Ministry of Finance, and the Financial Services Agency, triggering buying pressure on the Japanese yen. A press conference by Finance Minister Kanda is scheduled after the meeting. It is anticipated that he will speak in a manner that could induce further buying pressure on the yen, hence the decision to go long on the yen today.
