Traders Brace for Big Yen Swings on BOJ, Intervention Risks

Options traders are ramping up hedges against sharp yen swings over the next two weeks, positioning for the Bank of Japan’s policy meeting and the possibility of currency intervention by...

By Mia Glass, Masaki Kondo · Bloomberg Markets

Options traders are ramping up hedges against sharp yen swings over the next two weeks, positioning for the Bank of Japan’s policy meeting and the possibility of currency intervention by authorities seeking to support the yen.