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Commodities Briefing - Categorized | Currencies more

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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VRS - who has written 34721 posts on Opalesque Commodities Briefing.


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