Speculators Boost Yen Shorts to Most in a Year as Currency Slips

Speculators Boost Yen Shorts to Most in a Year as Currency Slips

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Speculators ramped up their bearish stance on the yen to the highest in nearly a year as the currency extended its slide against the dollar with markets boosting bets on the Federal Reserve hiking rates. • None Biden, McCarthy Forge Debt-Limit Deal in Bid to Avert US Default • None Key Takeaways…

#federalreserve #nonebiden #avertusdefault #dealbiden #yenweakens #bankofjapan #kazuoueda #boj #ubs #societegenerale

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