Category: reassessment
-
BOJ shift gives yen a shake and causes reassessment of popular FX trade By Reuters
•
By Alun John and Tom Westbrook LONDON/SINGAPORE (Reuters) – The Bank of Japan’s move to raise interest rates to a 15-year high pushed the yen to its highest level against the dollar since March and left it poised for further gains as investors reassess lucrative carry trades that had previously…