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[BURSA] Yen Emerges as Top Currency Wager for Fund Bets on BOJ Shift

Bloomberg) -- A minor tweak in the Bank of Japan’s bond purchases has emboldened investors to bet the central bank is about to wind back monetary stimulus.
Going long on the yen is the biggest currency wager for AMP Capital Investors Ltd.’s Nader Naeimi. Singapore-based hedge fund Kit Trading Fund Ltd. started a bet on the yen last week, predicting the currency will appreciate about 10 percent to 100 per dollar. Options traders are the most bullish on the yen among developed-market currencies.
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