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Hedge funds have turned bullish on the yen for the first time since 2021 after sharp swings in foreign exchange markets led to a surge in a popular yen trade. According to the latest data from the U.S. Commodity Futures Trading Commission (CFTC) for the week ended Aug. 13, leveraged funds held about $7 million worth of 86 contracts betting that the yen would appreciate, and speculators were generally bracing for a rise in the yen, marking a sharp shift from the extremely negative sentiment that ...
Hedge funds have turned bullish on the yen for the first time since 2021, after big swings in the foreign exchange market led to a surge in a popular yen trade. Leveraged funds hold about $7 million worth of 86 contracts betting that the yen will appreciate, according to the latest data from the U.S. Commodity Futures Trading Commission (CFTC) for the week ending Aug. 13, and speculators in general are bracing for a rise in the yen, marking a sharp shift from the extremely negative sentiment tra...
Hedge funds turned bullish on the yen for the first time since 2021, after big swings in the foreign exchange market led to a surge in a popular yen trade. Leveraged funds held 86 contracts worth about $7 million betting that the yen would appreciate, according to the latest data from the U.S. Commodity Futures Trading Commission (CFTC) for the week ended Aug. 13, and speculators in general were bracing for a rise in the yen, marking a sharp shift from the extremely negative sentiment traders ha...
The US Commodity Futures Trading Commission (CFTC): Hedge funds are net long the yen for the first time since 2021.
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