Apr
17

Hedge Funds Have Never Been as Bullish on Yen as They Are Now

By
  • Japan’s currency has gained 11 percent versus dollar in 2016
  • Rally persists while central bank adopts negative-rate plan

Hedge funds and other large speculators have never been more bullish on the yen.

Positions that benefit from gains by Japan’s currency exceeded those that benefit from from losses by a net 66,190 contracts in the week ended April 12, a report from the Commodity Futures Trading Commission showed Friday. That’s the most in data going back to 1992…

Hedge Funds Have Never Been as Bullish on Yen as They Are Now

Share
Categories : Uncategorized

Leave a Reply

You must be logged in to post a comment.