Hedge Funds Halved Short Bets on Yen Since Joint Intervention
Macro·1 article across 1 outlet
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Hedge funds further dialed back on their wagers against the yen, signaling a reduction in negative sentiment surrounding the currency after the US and Japan’s historic joint intervention.
This move indicates a shift in market perception regarding the yen, as the joint intervention appears to have had a stabilizing effect.
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“Hedge funds further dialed back on their wagers against the yen, signaling a reduction in negative sentiment surrounding the currency after the US and Japan’s historic joint intervention.”
Bloomberg — Hedge Funds Halved Short Bets on Yen Since Joint Intervention