Group 1 - Hedge funds are betting that the Japanese yen will break out of its recent narrow trading range against the US dollar, potentially leading to an appreciation of the yen [1] - Leveraged investors are establishing positions in the options market, anticipating that if the yen breaks above the current range of approximately 147 yen per dollar and surpasses the 145 level, these positions will become profitable [1] - Factors that may drive the yen stronger against the dollar include political turmoil in France and weak US non-farm payroll data, which could increase bets on Federal Reserve rate cuts [1][3] Group 2 - On August 26, the trading volume of put options for USD/JPY reached four times that of call options following the dispute between Trump and Cook, as well as France's announcement of a no-confidence vote [2] - The most actively traded put option on that day had a strike price of 144.93, meaning that if the currency pair falls below this price, the value of the put option will increase [2] - Market sentiment has shifted towards bearish positions on USD/JPY, particularly in the 1 to 2-month maturity range, with strategies including digital options and direct put options [2]
对冲基金豪赌日元即将突破震荡 开启强势升值行情
智通财经网·2025-09-01 02:18