RBC BlueBay Adds to Yen Longs on Intervention, BOJ Rate View

RBC BlueBay Adds to Yen Longs on Intervention, BOJ Rate View

RBC BlueBay Asset Management added to long yen positions this week as the currency drifted back toward 160 per dollar, viewing the level as increasingly attractive amid possible intervention and expectations of a Bank of Japan rate hike in June.

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