Two months ago, some in Tokyo joked that we no longer carry yen in our wallets, but Japanese “pesos” or “rupiah.” Now, with the yen up more than 12% since mid-July—and perhaps headed for even bigger ...
The yen's key drivers are so weak the currency is comparable to the Turkish lira and Argentine peso, Deutsche Bank said. Japan has record low real yields due to the central bank's refusal to tighten ...
The yen is strengthening, and yields are jumping. The unwinding of the yen carry trade could ripple across global markets.
THE PESO dropped further against the dollar on Tuesday to follow the yen’s decline as markets expect the Japanese government ...
File this one under ‘things you hear at the bottom’. A Deutsche Bank analyst compared the Japanese yen to infamously troubled currencies like the Turkish lira and Argentine peso in a note shared with ...
THE PESO slipped against the dollar on Monday to track the sideways movement among regional currencies led by the yen amid signals of more proactive intervention from Japanese Prime Minister Sanae ...
Deutsche Bank, in a recent report, compared the Japanese Yen with some of the world’s weakest currencies. Saravelos pointed out that the Bank of Japan’s unique yield curve control and its reluctance ...
Japanese retail investors had poured into carry trades involving borrowing yen to buy higher-yielding currencies, until the Bank of Japan raised interest rates for a second time this year on July 31, ...
LONDON, June 5 (Reuters) - A sharp drop in Mexico's currency after a landslide election result has shaken foreign exchange markets as far as Hungary and Turkey this week, leaving investors asking ...