USD/JPY rose to ¥157, but leveraged funds are increasing their bets on yen appreciation.

The story

USD/JPY maintained its upward trend during Asian hours and is currently trading around ¥157.

At the same time, reports suggest that leveraged funds are increasing their bets on yen appreciation, as indicated by positioning data.

At a glance

Timing21 September (Asian hours)

Price movementsUSD/JPY rose to around ¥157

TrendLeveraged funds are reported to be increasing their bets on yen appreciation

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