(Bloomberg) -- Yen sales by Japanese mom-and-pop
investors this week exceeded professional traders' bets against
the currency on the Chicago Mercantile Exchange.
Japanese margin traders' net yen short positions, wagers it
will decline against the dollar, reached $1.1 billion on July 4,
according to data from the Tokyo International Financial Futures
Exchange. The Bank of Japan assessed the TIFFE has a share of 5.8
percent of overall foreign-exchange margin transactions as of
December 2006, making total net short yen positions for all
Japanese retail speculators about $19.15 billion.
Read more at Bloomberg Currencies News
investors this week exceeded professional traders' bets against
the currency on the Chicago Mercantile Exchange.
Japanese margin traders' net yen short positions, wagers it
will decline against the dollar, reached $1.1 billion on July 4,
according to data from the Tokyo International Financial Futures
Exchange. The Bank of Japan assessed the TIFFE has a share of 5.8
percent of overall foreign-exchange margin transactions as of
December 2006, making total net short yen positions for all
Japanese retail speculators about $19.15 billion.
Read more at Bloomberg Currencies News
No comments:
Post a Comment