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Yen traders gunning for gains after US election

Options traders are more bullish on the yen as they anticipate neither Hillary Clinton nor Donald Trump favouring a strong US dollar
Wednesday, November 9, 2016 - 05:50

(Above) Traders in Tokyo following news on the US election.


THE yen is looking like a long-term winner after the Nov 8 US presidential vote, following a protectionism-heavy election campaign that's roiled markets worldwide and spurred the currency towards its best year since the 2008 global financial crisis.

Options traders have

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