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Leveraged funds slash yen short positions, CFTC, LSEG data say

2024.08.09 16:14

© Reuters. FILE PHOTO: A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration/File Photo

NEW YORK (Reuters) – Leveraged funds’ position on the Japanese yen shrank to the smallest net short stance since February 2023 in the latest week, U.S. Commodity Futures Trading Commission and LSEG data released on Friday showed.

The net position for leveraged funds – typically hedge funds and various types of money managers, including commodity trading advisors (CTAs) – was short by 24,158 contracts, compared with a net short position of about 70,000 contracts in the previous week, data as of Aug. 6 showed.



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