{"id":54672,"date":"2016-10-05T08:23:35","date_gmt":"2016-10-05T12:23:35","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=54672"},"modified":"2016-10-05T08:23:35","modified_gmt":"2016-10-05T12:23:35","slug":"yen-rallying-to-record-75-seen-in-charts-by-hedge-fund","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/10\/2016\/yen-rallying-to-record-75-seen-in-charts-by-hedge-fund.html","title":{"rendered":"Yen Rallying to Record 75 Seen in Charts by Hedge Fund"},"content":{"rendered":"<p>\n(Bloomberg) The yen\u2019s first annual rally in five years is on course to push it to a record versus the dollar in a few years as the Bank of Japan refrains from adding monetary stimulus and fails to end deflation, according to hedge fund GCI Asset Management Inc.<\/p>\n<p>The BOJ is unlikely to cut interest rates further as it tries to help Japanese lenders cope in a sub-zero rate environment, which means the nation\u2019s current-account surplus and deflationary economy would fuel further gains in its currency, said Tatsuhiro Iwashige, chief foreign-exchange strategist of the investment solutions group at Tokyo-based GCI Asset. The firm\u2019s $100 million GCI Systematic Macro Fund surged 30 percent in the first half this year thanks to timely wagers on the yen and the pound.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-10-04\/yen-rallying-to-record-75-seen-in-charts-by-hedge-fund-analyst\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) The yen\u2019s first annual rally in five years is on course to push it to a record versus the dollar in a few years as the Bank of Japan refrains from adding monetary stimulus and fails to end deflation, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-54672","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=54672"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54672\/revisions"}],"predecessor-version":[{"id":54673,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/54672\/revisions\/54673"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=54672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=54672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=54672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}