(Bloomberg) -- Japanese businessmen, housewives and
pensioners betting against the yen in their spare time are
wrecking the forecasts of the world's biggest currency traders.
The yen has slumped 4.6 percent to a 4 1/2-year low against
the dollar this quarter, making it the worst performer among 72
major currencies and confounding predictions by strategists at
Deutsche Bank AG and UBS AG for gains of about 1 percent.
Read more at Bloomberg Currencies News
pensioners betting against the yen in their spare time are
wrecking the forecasts of the world's biggest currency traders.
The yen has slumped 4.6 percent to a 4 1/2-year low against
the dollar this quarter, making it the worst performer among 72
major currencies and confounding predictions by strategists at
Deutsche Bank AG and UBS AG for gains of about 1 percent.
Read more at Bloomberg Currencies News
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