FOREX-Yen shines as hedge funds flee from short bets
The yen gained on Monday, rising
to its highest against the dollar in nearly a year and a half as
hedge funds bought the Japanese currency on concerns that a
prolonged China-U.S. trade war could tip the global economy into
recession.
to its highest against the dollar in nearly a year and a half as
hedge funds bought the Japanese currency on concerns that a
prolonged China-U.S. trade war could tip the global economy into
recession.
Posted by Reuters