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Hedge Funds Turned Bullish on Yen for First Time Since Mid-2025

Source: Bloomberg

Currency & FXInvestor Sentiment & PositioningGeopolitics & War

Hedge funds turned net positive on the Japanese yen for the first time since July 2025, signaling a meaningful reversal in speculative FX positioning. The shift follows intervention by U.S. and Japanese authorities to support the currency and could reinforce near-term yen strength, though the durability of the move remains uncertain.

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