The Japanese yen rises to a seven-month high against the US dollar, putting pressure on carry trades
智通财经2026/09/11 11:16Show original
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The Japanese yen rose to a seven-month high against the US dollar as the market bets on the Bank of Japan speeding up policy tightening and overseas funds flowing back; the significant strengthening of the yen is forcing forex traders to look for new funding currencies for carry trades.
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