Log Out

BullnBearTrading wrote a post · Aug 7 11:43

JPMorgan: Yen Carry Trade Unwinding Not Over, Only Halfway Done

The turmoil is far from over. JPMorgan noted that the unwinding of yen carry trades is only 50%-60% complete in speculative investment circles.

Citi also said that the yen carry trade unwinding requires "three rate cuts by the Fed, and at least six months."

$USD/JPY (USDJPY.FX)$ $JPY/USD (JPYUSD.FX)$ $S&P 500 Index (.SPX.US)$ $CBOE Volatility S&P 500 Index (.VIX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

+0

5

Translate

Report

202K Views

Comment

Sign in to post a comment

BullnBearTrading

trader

813Followers

7Following

4118Visitors

Follow