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Yen Showdown Looms as Traders 'Obsessed' With Carry Ramp Up Bets

Asia Hedge Funds Used Post-CPI Dollar Dip as Buying Opportunity

(Bloomberg) Macro funds in Asia used the dollar’s drop Thursday as an opportunity to buy it, in particular against the yen, according to traders.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Touches 40,000 Before Pulling Back: Markets WrapA Bloomberg gauge of th

Rate cuts waiting game stifles FX market activity

Bank of England Outlook Today: Rates on Hold, Forward Guidance Crucial for Pound Sterling

Goldman, PGIM See Pound Rising to $1.30 as BOE Defers Rate Cuts