Yen jumps to seven-month high as carry trades unwind
The yen surged to a seven-month high versus the U.S. dollar, trading as much as 1% firmer at 152.89. Carry trades began to buckle as markets raised expectations for a Bank of Japan rate-hike path.
Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
1 result loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
The yen surged to a seven-month high versus the U.S. dollar, trading as much as 1% firmer at 152.89. Carry trades began to buckle as markets raised expectations for a Bank of Japan rate-hike path.