Yen Holds Three-Week Decline as Hedge Funds Reduce Bullish Bets

Updated on
  • ‘We have turned bullish dollar-yen,’ says CBA’s Haddad
  • Bloomberg dollar gauge close to highest level since March

The yen held a three-week decline against the dollar as hedge funds trimmed bullish bets on the Japanese currency by the most since May and speculation increased that the Federal Reserve will raise interest rates this year.

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