Is the Yen Carry Trade Over?
Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank
22-Aug-24 07:00
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The sharp fall in Japanese equities can be explained by the unwinding of the Yen carry trade as it now firmly stands at 145 to the US Dollar. But is there more unwinding to follow and how does it inform on the Bank Of Japan's monetary policy. Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank tells us.
Image Credit: shutterstock.com
Produced by: Jake Lim
Presented by: Wong Shou Ning, Keith Kam, Philip See
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Tags: japanese yen, carry trade, japanese stock market, us stock market, fed fund rate,