Yen 'Carry Trade' Is Only Halfway Unraveled, Wall Street Analyst Says: How Much More Room For Traders To Get Pummeled?
Experts linked the market’s price action to the unwinding of the yen “carry trade,” which Arindam Sandilya, co-head of global ...
Hosted on MSN6mon
What are carry trades and how did they contribute to this week's global market mayhem?
BANGKOK (AP) — The mayhem that swept across world markets this week was partly caused by a market strategy known as the “carry trade.” Japan’s benchmark Nikkei 225 plunged 12.4% on Monday ...