BYR - Belarusian ruble. EEK - Estonian Kroon. HUF - Hungarian Forint. BRL - Brazilian Real. Central Bank: Federal Reserve Bank. CVE - Cape Yenn escudo. AWG - Aruban Florin. KES - Kenyan Shilling.
Remember Me. The JPY bears turn cautious amid fears that Japanese authorities could intervene in the markets to prop up the domestic currency. The implications of this unwinding extend beyond the carry trade itself. This popular trading strategy, which involves borrowing in low-interest currencies like the Japanese yen and investing in higher-yielding assets, is experiencing a significant reversal that has caught many investors off guard. You may unsubscribe at any time.
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