RBC BlueBay is long on the Japanese yen against the US dollar, supported by political transition and interest rate hikes by the Bank of Japan.
Zhtng Cijng APP hu x, Jind Hungji Ynhng (RBC) qxi BlueBay zchn gunl gngs y jil r yun dutu tucn, yzh Rbn de zhngzh gut yj Rbn Zhngxng knng zi 10 yu jij jing tudng r yun jnyng zu qing.
According to the Intelligent Finance APP, BlueBay Asset Management, a subsidiary of the Royal Bank of Canada (RBC), has established a long position in the Japanese yen, betting on the political transition in Japan and the possibility of the Bank of Japan raising interest rates in October to further strengthen the yen.
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