Hedge funds reload long yen trades ahead of Kato-Bessent meeting
The Japan TimesMonday, May 19, 2025 at 3:39:00 AM
** Japan's finance minister is gearing up for currency discussions with the U.S. this week, and hedge funds are already betting big on the yen—likely anticipating some movement in exchange rates. It’s a high-stakes game of financial chess, with traders positioning themselves before the officials even sit down.
Editor’s Note: ** Currency markets are hypersensitive to government chatter, especially when it involves major players like the U.S. and Japan. If these talks hint at intervention or policy shifts, it could send the yen—and a lot of hedge fund portfolios—swinging. For everyday folks, it’s a reminder that global finance is often a waiting game, where whispers between officials can ripple out to affect everything from travel costs to import prices.
— Curated via WP Now’s
