Tag: carry trades


  • Yen Rallies as BOJ Rate-Hike Bets Intensify Ahead of Key Data

    Yen Rallies as BOJ Rate-Hike Bets Intensify Ahead of Key Data

    Yen Strength Bolsters Risk-Sensitive FX Landscape The yen outperformed its major counterparts as traders grew increasingly confident that the Bank of Japan will lift its benchmark interest rate this week. With market attention squarely on upcoming U.S. data, the Japanese currency traded higher, testing key resistance levels and signaling a shift in the long-simmering expectations…