Funds cut bearish bets on yen at fastest pace
CFTC weekly data shows fund managers have reduced bearish bets on the yen at the fastest pace on record in the latest week.
Fund managers have become more positive on Japan's yen after avoiding it for much of the past year, cutting bearish bets on the currency at the fastest pace on record in the latest week. Weekly data from the Commodity Futures Trading Commission show the move.