SENSEX
NIFTY
GOLD
USD/INR

Weather

image 34    C

Science/Tech News

The Economic Times

Science/Tech / The Economic Times

details

The yen's sudden surge upsets the carry trade faithful

The Japanese yen is experiencing a significant rally as anticipation grows for an interest rate hike from the Bank of Japan. This rapid rise is causing turmoil in the once lucrative yen carry trade, prompting investors to reevaluate their currency strategies. With cross-border yen loans hitting all-time highs, traders are becoming cautious, adjusting their yen positions ahead of the Bank of Japan meeting that could shape the yen's path forward.

8 Sep 2026 4:41 pm