- Reuters
COLUMN-Funds slash short yen positions at fastest pace in 4 years: McGeever
Debate is swirling as to whether Japan's suspected currency market intervention to support the yen recently has been or will be a success, but if the aim was to target speculative activity, Tokyo may be feeling vindicated. The latest Commodity Futures Trading Commission data show that hedge funds and speculators slashed their short yen positions by 20% in the week to May 7, the biggest weekly yen-bullish swing since March 2020. Funds have probably rebuilt some of that short yen position, as the dollar has climbed back up through 155.00 yen.
- Golf Channel
Golf Channel podcast: Most faith in McIlroy, Scheffler or Koepka at PGA?
Rex & Lav weigh in on the three major favorites, Rory's latest win and Xander's latest defeat.
- MSNBC
Trump's election denialism is a 'dagger at the heart of American democracy'
Democratic Rep. Gerry Connolly joins Jonathan Capehart to discuss Trump's recent remarks doubling down on his efforts to overturn the 2020 presidential election and his refusal to commit to accepting the 2024 results. Rep. Connolly also shares his concerns over the FBI's new warning that China, Iran, and Russia are ramping up efforts to interfere with our elections.
