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Hedge funds' yen weakness bets hit highest since 2007 as yen hits 40-year low
L'essentiel
- Hedge funds' yen weakness bets have surged to their highest level since 2007, coinciding with the yen's drop to a 40-year low against the dollar.
- Speculation is mounting about potential intervention by Japanese authorities as the yen weakens, with some experts predicting further declines.
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Hedge funds' yen weakness bets have surged to their highest level since 2007, coinciding with the yen's drop to a 40-year low against the dollar. Speculation is mounting about potential intervention by Japanese authorities as the yen weakens, with some experts predicting further declines.
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