• Hedge funds bought yen right before the biggest drop in 15 years

    Source: Buzz FX / 06 Oct 2024 22:56:23   America/Chicago


    HEDGE funds turned bullish on the yen just before dovish comments by Japan’s new prime minister and a robust US jobs report helped spark the worst week for Japan’s currency since late 2009. Speculative investors flipped to a net long positi
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