Hedge Funds Are Betting Yen Will Slide to 160 by Year’s End

Hedge funds are betting the yen will weaken to as low as 160 per dollar by the end of the year, driven by changing approaches to interest rates from the...

By David Finnerty, Ruth Carson · Bloomberg Markets

Hedge funds are betting the yen will weaken to as low as 160 per dollar by the end of the year, driven by changing approaches to interest rates from the Federal Reserve and the Bank of Japan.