The Traderszone Network

Published in TZ Latest News 24 December, 2015 by The TZ Newswire Staff

Has The Great Carry Unwind Arrived: Yen Surges After Warning USDJPY 100 Coming

For all the talk that the BOJ would unleash more stimulus, buy REITs, more ETFs (both existent or non-existent), or outright stocks, today the USDJPY did something it has not done in 7 weeks: the world’s preferred carry trade currency just slumped to the lowest level since early November.

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