Safe-haven assets rallied as hedge funds betting on bearish yen ended up being wrong.
One analyst at UBS Group AG said: "We believe that the pressure on the banking sector should be more concentrated in the US and will continue to benefit the euro and yen."
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
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