Category: unwound
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Japan top FX diplomat says yen shorts that had been built up until July have been unwound
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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Three-quarters of global carry trade has been unwound: JPMorgan By Investing.com
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About three-quarters of global carry trades have been removed, JPMorgan strategists said in a note on Wednesday. In its latest report, JPMorgan noted that the risk-reward ratio in global bonds is low due to the upcoming US elections and potential financiers’ re-pricing of low US interest rates. It also noted…