Yen Spread Betting Market Could Strengthen as Carry Trade Positions are Unwound

Yen unwanted as commodity prices rise.
Another relatively narrow three and a half yen range took sterling down to ¥131 and up to ¥135.50 before opening in London this morning at ¥135, two yen firmer on the week.
With investors gaining renewed confidence that the global recovery is on track there was little appetite for the safe-haven [...]

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