New Business
Thursday, 7/2, 07:12 PM
A strong dollar and a weak yen revive fears of a 'carry trade' unwind
- A strong US dollar and a weak Japanese yen have made a well-worn financial strategy — the 'yen carry trade' — highly profitable again.
- Some analysts warn that this also rebuilds the conditions for a sudden, disorderly unwind, of the kind that jolted global markets in the summer of 2024.