Investors Bet Against the Yen

dimanche 1 décembre 2013

People are reflected on the electronic board which shows the U.S. dollar rate against the Japanese yen, top left, at a securities firm in Tokyo,Thursday, Nov. 28, 2013. Japanese stocks jumped Thursday as the yen lingered near a six-month low, leading a broader advance by Asian markets after U.S. benchmarks rose to record levels. (AP Photo/Koji Sasahara) Wagers that the Japanese currency will slide against the U.S. dollar have surged to the highest amount this year and are within striking distance of levels not seen since 2007, according to the latest data from the Commodity Futures Trading Commission, which tracks positions of some hedge funds and other speculators.








via Business News - Yahoo Finance http://finance.yahoo.com/news/investors-bet-against-yen-005700643.html

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