(Bloomberg) -- Currency traders are betting that the yen will tumble beyond the closely-watched 152 per dollar level, and are ramping up wagers on a slide...
-- Currency traders are betting that the yen will tumble beyond the closely-watched 152 per dollar level , and are ramping up wagers on a slide toward 155.Options looking for a 2% fall in the yen to around that level represent 18% of total bets against the currency as of Tuesday, compared to around 5% last month, data from the Depository Trust & Clearing Corporation show.
One-week risk reversals, a barometer of market positioning and sentiment, trade at a 140 basis-point premium in favor of the Japanese currency. Former president Donald Trump's meme stock is in deep, deep trouble. Shares of Trump Media & Technology Group are getting absolutely hammered this morning, sliding a further ten percent today alone.
Trump Media CEO Devin Nunes says Truth Social parent company is ‘well positioned’ in response to criticism over profitability
Depository Trust & Clearing Corporation Currency Volatility Dollar Level
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