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Yen’s rebound poses currencies headache

Posted on 07 June 2013

It looked like the world’s easiest trade. Hedge funds made billions on it. Some investors made 30 per cent in a matter of months. Yet selling Japan’s currency has lately become a headache.
Just two weeks after the yen hit its weakest level against the dollar since the collapse of Lehman Brothers in 2008, the dollar-yen trade is under attack……………………………………Full Article: Source


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