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They bet against the dollar. Now they're paying the price.

The dollar recently hit a 34-year high against the yen, sending ripples through global markets.

Millennium to Back Goldman Sachs Veteran's Asia Hedge Fund

(Bloomberg) Millennium Management is backing former Goldman Sachs Group Inc. Managing Director Jamie Goodman’s upcoming Asia hedge fund firm with $500 million, a rare deal of its kind for Izzy Englander’s behemoth in the region, said people with knowledge of the matter.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneMusk Says First Neuralink Patient Received Implant in BrainMicrosoft Sales Top Estimates; Cloud Growth Disappoints SomeTech Giant

RV Capital's maiden India Credit 'Plus' fund completes first close and makes initial investments