Yen's changing fortunes might finally be spooking the bears
By Dhara Ranasinghe, Rae Wee and Atsuko AoyamaJust six weeks after hitting a four-decade low against the dollar, the tide appears to be turning for the battered yen as a host of factors finally smoke out brash traders who had spent years betting against the Japanese currency.While central bank rate…
By Dhara Ranasinghe, Rae Wee and Atsuko AoyamaJust six weeks after hitting a four-decade low against the dollar, the tide appears to be turning for the battered yen as a host of factors finally smoke out brash traders who had spent years betting against the Japanese currency.While central bank rate…