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.
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.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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