SocGen looking for a lower EUR/USD, GBP/USD, but not so much for USD/JPY

Société Générale (Kit Juckes).
This is via eFX, who have much more along the lines of bank trade recommendations and such.
In the week to February 23, Yen longs increased, USD longs were cut back, Euro shorts were cut back and the GBP short actually shrank a little. The yen position highlights bearish risk sentiment…