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Hedge funds and long-term investors are reentering trades looking for the yen to rally ahead of potential currency talks this week between the United States and Japan. https://t.co/rmiPubO9Ch
Hedge funds and long-term investors are re-entering trades in anticipation of the yen rallying ahead of potential currency talks this week between the US and Japan, according to Bloomberg.
Breaking News: The Bank of Japan has offered to lend government debt on spot in an afternoon offer. Stay tuned for more updates on this developing story. #BankofJapan #governmentdebt #lendingoffer
Hedge funds and long-term investors are increasing their positions in anticipation of a potential rally in the Japanese yen ahead of upcoming currency talks between the United States and Japan scheduled for this week. Market participants expect the Bank of Japan (BOJ) to intervene by purchasing long-term US Treasuries and Japanese Government Bonds (JGBs) to support the yen. The BOJ has already made an offer to lend government debt on the spot as part of its intervention strategy. These developments reflect growing market expectations of coordinated actions to influence currency movements amid the forthcoming bilateral discussions.
