Outrageous Predictions
Dumb AI triggers trillion-dollar clean-up
Jacob Falkencrone
Global Head of Investment Strategy
Sales Trader
Yen at weakest since July 2024
Trade idea on USDJPY
Synthetic long (protected) 1 month with same strike 159.20 in anticipation of further upside momentum:

Risks
Max loss is substantial with mean-reversion risk given the 200-day moving average far below at 147.17, and Japan’s Ministry of Finance last intervened on 12 July 2024 when USDJPY hit an intraday high of 159.45. Additional leg with long put at 154 – December 2025 support area – can limit the downside.
Q1 Outlook for Traders: Five Big Questions and Three Grey Swans.