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Business
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.
Carry Trade
4 trends tracked about this subject — the full history, oldest to newest below.
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Business
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The yen's sudden surge upsets the carry trade faithful
The Japanese yen is rallying to a seven-month high, triggering alarms for investors relying on the carry trade to fuel stock market gains.
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Business
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Stocks in Asia Poised to Edge Down, Yen in Focus: Markets Wrap
The Japanese yen is surging to multi-month highs against the US dollar, triggering volatility in Asian markets and disrupting carry trade strategies.
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Business
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Yen surges to 6-month high as traders stay alert for signs of intervention
The Japanese yen has climbed to its strongest level since February, triggering volatility across global risk assets and sparking fears for tech stocks.