LONDON : Speculators have mounted their biggest ever wager that the Japanese yen will continue to rise as they position for further Bank of Japan interest rate hikes, an abrupt reversal from huge bets against the currency last year. The yen has strengthened by 4 per cent this year as stronger inflation data has pointed to more rate hikes, calling into question the once hugely popular yen carry trade, which drove investors to position heavily against the currency over the last two years. Net

Tag-uri: Inflatie