Yen’s $103 Billion Short Risks Unwind Below 155, JPMorgan Says

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The yen is appreciated up to 155 per dollar and confirms the reversal of the carry trade that presses the global stock exchanges.The entry The reversion of the carry trade of the yen strengthens the currency up to 155 per dollar and triggers the aversion to global risk aparece primero en Merca2.

ekonomim.com

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The Japanese yen gained more than 2% on Thursday as expectations of interest rate hikes strengthened and yen-funded carry trades began to unwind rapidly. The currency...