Read more about Trump’s Covid-19 infection may provide opportunity for hedge funds in yen on Business Standard. Leveraged funds are likely to buy the Japanese currency as the diagnosis triggers a surge in haven bids, reversing the small bearish position they held last week
US President Donald Trump’s coronavirus infection may provide the catalyst for to catch up with asset managers’ bullish bets on the Leveraged funds are likely to buy the Japanese currency as the diagnosis triggers a surge in haven bids, reversing the small bearish position they held last week. This would bring them in line with portfolio managers who held a record amount of bullish bets.
