Investors Hedge Yen Bets

Some traders are bracing for a sudden rally in the yen, following a 20% decline in the currency's value since November.

Topics:  november   yen   
BING NEWS:
  • Japan’s yen surges against US dollar on suspected intervention
    JAPAN’S currency surged as much as five yen against the US dollar on Monday (Apr 29), with traders citing heavy yen-buying intervention by Japanese banks for the first time in 18 months after the ...
    04/29/2024 - 1:11 am | View Link
  • Musk Leaves China With Tesla Driving Software Hurdles Cleared
    Elon Musk’s quick visit to China paid immediate dividends, with Tesla Inc. receiving in-principle approval from government officials to deploy its driver-assistance system in the world’s biggest auto ...
    04/29/2024 - 12:24 am | View Link
  • Elliott’s Sumitomo Stake Reflects Growing Activism in Japan
    Elliott Management Corp. buying up a sizable stake in Sumitomo Corp. is the latest in a string of Japanese deals for the firm, and reflects the growing influence of activist investors in the East ...
    04/28/2024 - 11:32 pm | View Link
  • Japan’s yen surges against dollar on suspected intervention
    Japan's currency surged as much as 5 yen against the dollar on Monday, with traders citing heavy dollar-selling intervention by Japanese ...
    04/28/2024 - 10:16 pm | View Link
  • Funds lift short yen position to second largest ever
    ORLANDO, Florida, April 28 (Reuters) - Hedge funds' collective bet against the Japanese yen has mushroomed to the second largest ever, further evidence that while economic fundamentals are behind the ...
    04/28/2024 - 9:01 pm | View Link
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