(Bloomberg) Hedge funds and other large speculators have slashed bets on yen declines at the fastest pace since 2007 as U.S. jobs data for August failed to decisively set the stage for the Federal Reserve to raise interest rates next week. Positions that profit from yen weakness were cut for a third consecutive week in the period through Sept. 1, data from the Commodity Futures Trading Commission showed.
Hedge Funds Cut Yen Shorts At The Fastest Pace Since 2007
This entry was posted in Uncategorized. Bookmark the permalink.
