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BullnBearTrading wrote a post · Aug 6 22:43

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."

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