Hedge Funds Bought Yen Right Before the Biggest Drop in 15 Years

Monday, October 7th 2024, 2:45:32 am
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(Bloomberg) -- Hedge funds turned bullish on the yen just before dovish comments by Japan’s new prime minister and a robust US jobs report helped spark the worst week for Japan’s currency since late 2009. Most Read from BloombergSingapore Ends 181 Years of Horse Racing to Make Way for HomesFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsWhat Do US Vehicle Regulators Have Against Tiny Cars?For a Master of Brutalist Provocations, a Modest Museum AppraisalMexico City Restricts Airbnb Re
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“…moments like that, as we remember them and we take care of them and take care of their families, only stiffen our resolve to ensure that we, we do this properly,” Hegseth said....
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