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Traders said that after the Federal Reserve announced its interest rate decision, hedge funds continued to close short positions in USD/JPY on Wednesday. Traders said that due to the September 11 US inflation data and the subsequent recovery of the US dollar to above 155 against the yen, the fund had already begun to close early positions earlier this week. The dollar fell 0.1% against the yen to 156.11. Some of the information comes from foreign exchange traders familiar with related transactions. Since public interviews were not authorized, the relevant persons requested anonymity.
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Traders said that after the Federal Reserve announced its interest rate decision, hedge funds continued to close short positions in USD/JPY on Wednesday. Traders said that due to the September 11 US inflation data and the subsequent recovery of the US dollar to above 155 against the yen, the fund had already begun to close early positions earlier this week. The dollar fell 0.1% against the yen to 156.11. Some of the information comes from foreign exchange traders familiar with related transactions. Since public interviews were not authorized, the relevant persons requested anonymity.
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