Yen Rallies Most Since March as Traders Unwind Short Positions
(Bloomberg) -- The yen surged the most since March against a broadly weaker dollar after softer-than-expected US payrolls data, prompting traders to unwind short positions.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Her VisitWall Street Soothsayers Are Bewildered About What’s NextKremlin Says Turkey’s Return of Azov Defenders Violates AccordChina’s Flood of Plastic, Yellen Departs: Sunday Asia BriefingJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionJapa