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BUSINESSBloomberg Markets·8h ago

Hedge Funds Cut Bullish Yen Bets as BOJ Held Back on Rate Vows

BUSINESSBEATPOST
AI TLDR · GEMINI

Hedge funds have reduced their bullish bets on the Japanese yen after the Bank of Japan declined to commit to specific interest rate increases.

Hedge funds slashed their bets on a stronger yen after the Bank of Japan held back from providing markets with definitive vows for higher interest rates.

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