Hedge Funds Chase Yen Strength Plays on Intervention Fears
Hedge fund demand for dollar-yen options that profit from a decline in the pair has increased after the currency moved past 160, amplifying intervention rhetoric from Japan’s Ministry of Finance.
Hedge fund demand for dollar-yen options that profit from a decline in the pair has increased after the currency moved past 160, amplifying intervention rhetoric from Japan’s Ministry of Finance.
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