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The yen’s sudden surge is upsetting the carry trade faithful

Summary by WTVB
By Ankur Banerjee and Rocky Swift SINGAPORE, Sept 8 (Reuters) - A blistering rally in the Japanese yen ahead of an expected interest rate hike from the Bank of Japan next week is upending the long-established and lucrative carry trade, as investors ret...

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The yen moves violently between 152 and 154 per dollar while investors disarm the carry trade before the possible intervention of the Bank of Japan. The yen entry ranges from 152 to 154 per dollar and the carry trade is disarmed before the possible intervention of the Bank of Japan appears first on Merca2.

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Merca2.es broke the news on Tuesday, September 8, 2026.
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