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Strategies & Market Trends : News Links and Chart Links
SPXL 201.97-2.5%4:00 PM EST

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To: Les H who wrote (28738)8/4/2024 10:13:57 AM
From: Les H   of 29597
 
JPY: Peeling back the carry trade onion

USD/JPY is staying offered as US interest rates lurch lower. At work is also positioning downsizing as some crowded positions in US tech stocks and Japanese equities get unwound. In this short article, we look at traditional metrics on yen positioning but also delve a little deeper into the carry trade with a look at the boom in cross-border yen borrowing

think.ing.com
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