‼️ 💴 Hedge funds are positioning for dollar-yen to fall below 150 by year-end, with longer-dated options targeting levels near 140. The most-active USD/JPY trade on Tuesday was a November put with a 142.86 strike, CME data show, underscoring rising demand for downside protection. Citi says leveraged investors are increasingly active as markets price a potential currency-regime shift.
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