Hedge funds are shorting the yen with $1.1 billion in bearish contracts

Hedge funds are betting against the yen hard this week, dumping more than $1.1 billion into short positions just days before Japan’s Upper House election on Sunday, according to Bloomberg. Around 12,606 futures and options contracts have been opened against the currency, marking the first net bearish positioning since March. The focus is on whether […]

Source: cryptopolitan.com (Read Full Article)