USD/JPY: Dollar Hedging Costs Jump as Warsh Ditches Fed Rate Guidance
Traders are rushing to hedge against swings in the US dollar ahead of Friday’s payroll numbers as Federal Reserve Chairman Kevin Warsh leaves Wall Street guessing at his next move.
By Anya Andrianova · Bloomberg Markets
Traders are rushing to hedge against swings in the US dollar ahead of Friday’s payroll numbers as Federal Reserve Chairman Kevin Warsh leaves Wall Street guessing at his next move.