Reported 22 days ago
As the Federal Reserve and Bank of Japan prepare for key meetings, hedge funds are split in their strategies regarding long-yen positions. Some investors are locking in profits, while others anticipate a shift towards increased long-yen investments, betting on interest rate cuts by the Fed. The yen briefly exceeded 140 per dollar, raising questions about future market movements amidst changing trader sentiment and economic data releases.
Source: YAHOO