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Carry Trade Resilient Despite US-Japan Currency Intervention

Emerging-market carry trades, popular foreign-exchange bets, are showing resilience. This comes even after joint US-Japan currency intervention somewhat reduced the appeal of this yen-funded strategy.

5 Aug, 11:15 — 5 Aug, 11:15
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bloombergHigh9d ago

Carry Trade Is Powering On as Investors Sidestep Yen’s Gains

Emerging-market carry trades, some of this year’s most popular foreign-exchange bets, are showing resilience even after joint US-Japan currency intervention dented the appeal of this yen-funded strategy.

By Vinícius Andrade and Anya Andrianova

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