FX speculative traders cannot keep up with the market conditions

In the foreign exchange market, there are a variety of participants. Each moves for its own reasons, and as the balance of supply and demand is formed, speculative traders are swimming. However, if the basic balance collapses, they cannot swim through.
The foreign exchange market is currently undergoing a major change in supply and demand. With the rise in commodity prices such as crude oil, resource-importing countries (Japan and Europe, etc.) are experiencing widening trade deficits and a disappearance of current account surpluses. Demand on the import side is expanding unilaterally.
In Japan, amid global price increases driven by rising commodity prices and supply chain disruptions, domestic prices remain low and monetary policy remains accommodative.

Below is a look at the exchange positions of the speculative traders that cannot swim.

(1) Yen/USD