{"id":33886,"date":"2013-02-14T09:16:03","date_gmt":"2013-02-14T14:16:03","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=33886"},"modified":"2013-02-14T09:16:03","modified_gmt":"2013-02-14T14:16:03","slug":"soros-other-hedge-funds-score-billions-betting-on-falling-yen","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2013\/soros-other-hedge-funds-score-billions-betting-on-falling-yen.html","title":{"rendered":"Soros, other hedge funds score billions betting on falling yen"},"content":{"rendered":"<p>MarketWatch &#8211; George Soros became famous as the man who \u201cbroke the Bank of England\u201d in 1992.<br \/>\nIn 2012 \u2013 and 2013 \u2013 Soros and other hedge fund magnates are scoring massive profits by effectively betting on the Bank of Japan and Japan\u2019s government as they move to reflate the country\u2019s moribund economy, weakening the yen in the process.<\/p>\n<p>The Wall Street Journal reported Thursday that Soros has scored gains of almost $1 billion by betting on a weaker yen since November, while David Einhorn\u2019s Greenlight Capital, Daniel Loeb\u2019s Third Point LLC and Kyle Bass\u2019s Hayman Capital Management LP have also made big profits with short yen bets.<\/p>\n<p><a href=\"http:\/\/blogs.marketwatch.com\/thetell\/2013\/02\/14\/soros-other-hedges-score-billions-betting-on-falling-yen\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MarketWatch &#8211; George Soros became famous as the man who \u201cbroke the Bank of England\u201d in 1992. In 2012 \u2013 and 2013 \u2013 Soros and other hedge fund magnates are scoring massive profits by effectively betting on the Bank of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33886","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=33886"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33886\/revisions"}],"predecessor-version":[{"id":33887,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/33886\/revisions\/33887"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=33886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=33886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=33886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}