Analysis-How the yen tripped up investors...again
Yahoo Finance·2025-11-13 08:33
By Rae Wee and Ankur Banerjee SINGAPORE (Reuters) -Investors laid a record wager on Japan's yen rising to take advantage of a long-overdue economic revival that coincided with expectations for a U.S. slowdown. Instead, what's unfolded is a cautionary tale of the Trump era. The yen is struggling at nine-month lows and speculators are back-pedalling from their biggest bet on the currency in records stretching back almost four decades. They have been wrong-footed by a U.S. economy surprisingly resilient ...