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Yen appreciation has carry-trade seekers looking at these two currencies
Asian currencies weaken as the dollar rises and the yen holds near a seven-month high, drawing attention from carry-trade seekers.
3 trends tracked about this subject — the full history, oldest to newest below.
Asian currencies weaken as the dollar rises and the yen holds near a seven-month high, drawing attention from carry-trade seekers.
The US dollar is maintaining gains near weekly highs as traders react to inflation data and central bank activity.
An adviser to Japanese Prime Minister Takaichi predicts a Bank of Japan rate hike in September, signaling a potential cycle of quarterly increases.