Category: unwind
-
Carry trade unwind has more room to run By Investing.com
•
Goldman Sachs strategists believe the recent pullback in the carry trade involving the Japanese yen (JPY) still has a long way to go, despite the big moves we have already seen. The sharp selloff that began late last week has drawn significant attention to how deep the yen carry trade…
-
Leveraged funds’ yen net short position shrinks on carry trade unwind By Reuters
•
Written by Saqib Iqbal Ahmed NEW YORK (Reuters) – Leveraged funds’ net short positions in the Japanese yen shrank to their smallest net short position since February 2023 in the latest week, data from the U.S. Commodity Futures Trading Commission and the London Stock Exchange showed on Friday. Data through…
-
Fed easing bets, carry trade unwind turn analysts bullish on Asian currencies: Reuters poll By Reuters
•
Written by Sameer Manikkar (Reuters) – Analysts have become bullish on most major Asian currencies for the first time in more than a year, supported by rising bets on interest rate cuts by the U.S. Federal Reserve and the unwinding of yen-funded carry trades, a Reuters poll showed. A biweekly…
-
TA of the Day: Carry Trade Unwind Crushes AUD/JPY! What’s Next?
•
the Japanese Yen The pound is currently at its highest level in two and a half months, thanks to traders liquidating their bets against it ahead of the Bank of Japan meeting next week. With the recent sharp decline in global stock markets, market participants have moved away from riskier…