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USDJPY Plunges as Yen Speculators Flip Net Long on BOJ Hike Bets

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Speculators turned net long on the Japanese yen for the first time since February, with positions swinging over 100,000 contracts in one week amid surging expectations for faster Bank of Japan interest rate hikes.
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USDJPY price history

153.55 -1.15% over the displayed period

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