Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

Hedge funds position for yen to strengthen past 150 as options bets build

Macro hedge funds are increasing bets that the yen will strengthen beyond JPY150 against the dollar by the end of the year, with some longer-dated options positions targeting a move towards JPY140…

  • Macro hedge funds predict yen will surpass JPY150 by year-end
  • Bearish options activity dominates dollar-yen pair
  • Yen strengthens despite US labor report and Bank of Japan remarks

Verition hires former Roscommon COO

Verition has hired Melanie Payne as commodities chief operating officer in London, adding senior operational expertise as the multi-strategy hedge fund continues to expand its commodities platform…

More from Wednesday 9 September →