Yen carry trade unwind putting pressure on markets
Started by
Spectacular Bid
, Sep 06 2024 12:54 PM
1 reply to this topic
#2
Spectacular Bid
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- Traders-Talk User
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Posted 06 September 2024 - 12:57 PM
Yen is back to the August 5th high after a significant increase, which helped cause the mini crash leading to the August 5th bottom.
A higher Yen from here would be a most likely be a problem while a pullback would be most welcome for equity bulls.
