{
  "id": 7049670,
  "title": "Speculators turn net long on yen for first time since February",
  "url": "https://urgent.news/2026/09/13/speculators-turn-net-long-on-yen-for-first-time-since-february",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-13T03:07:48.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/speculators-turn-net-long-yen-first-time-february-6381026"
  },
  "original_language": "en",
  "account": "For the first time since February, speculators adopted a net long position on the yen, according to data released on Friday, indicating growing confidence in Japan's ailing currency. The Commodity Futures Trading Commission reported that non-commercial positions amounted to 10,796 long contracts during the week ending September 8, contrasting sharply with a net short position of 92,227 in the previous week. This marked the first overall long reading since February 24. The yen has experienced a significant surge this month due to forecasts of a brisker pace of interest rate hikes by the Bank of Japan and potential asset repatriation by local investors. The dollar-yen rate peaked at 152.89 on September 8, the highest level for the currency since February 17. The yen's years-long decline gained momentum following the election of fiscal conservative Sanae Takaichi as prime minister in October last year and the perception that the Bank of Japan was lagging in tightening monetary policy. The currency plummeted to a four-decade low of 163.99 per dollar in July, but a market intervention by Tokyo and Washington helped stabilize its value.",
  "summary": null,
  "key_points": [
    "Speculators adopted net long position on yen for first time since Feb 24",
    "Non-commercial positions totaled 10,796 long contracts in week ending Sep 8",
    "Yen surged due to BOJ interest rate hikes and local investor repatriation"
  ],
  "editors_take": "This shift in speculators' positions suggests growing confidence in the yen's prospects, driven by expectations of interest rate hikes by the Bank of Japan and potential asset repatriation.",
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Speculators turn net long on yen for first time since February",
        "url": "https://urgent.news/2026/09/13/speculators-turn-net-long-on-yen-for-first-time-since-february-7052055",
        "published": "2026-09-13T03:07:48.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Speculators turn net long on yen for first time since February",
        "url": "https://urgent.news/2026/09/13/speculators-turn-net-long-on-yen-for-first-time-since-february-7050430",
        "published": "2026-09-13T03:12:32.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Speculators turn net long on yen for first time since February",
        "url": "https://urgent.news/2026/09/13/speculators-turn-net-long-on-yen-for-first-time-since-february-7068305",
        "published": "2026-09-13T05:16:51.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Speculators turn bullish on yen for first time since February on BOJ rate-hike bets",
        "url": "https://urgent.news/2026/09/13/speculators-turn-bullish-on-yen-for-first-time-since-february-on-boj",
        "published": "2026-09-13T07:03:50.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}