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USD/JPY: Dollar Hedging Costs Jump as Warsh Ditches Fed Rate Guidance

Bloomberg Markets·August 6, 2026·1 min read

Traders are rushing to hedge against swings in the US dollar ahead of Friday's payroll numbers as Federal Reserve Chairman Kevin Warsh leaves Wall Street guessing at his next move. Dollar hedging costs have jumped amid uncertainty over Fed rate guidance.

Read at Bloomberg Markets
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