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JPY Carry trade: Downside Pressure Mounts as Global Demand Faces Headwinds
Commodities and growth proxies JPY crosses are leading the decline in G10 JPY carry trade basket. A widening of the US high-yield corporate bonds credit spread may spark a higher volatile movement in the JPY crosses. Key US earnings releases from Visa, Microsoft, and Alphabet are indicating slower global demand spending despite expectations beat. FX […] The post JPY Carry trade: Downside Pressure Mounts as Global Demand Faces Headwinds appeared first on Action Forex...
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Posted: Apr 26 2023, 07:07
Author Name: actionforex
Views: 110824