menu search

UBS see limited catalysts that could outweigh the USD/JPY carry trade

UBS see limited catalysts that could outweigh the USD/JPY carry trade
A back-handed view on the USD/JPY carry trade from what it seems is a reluctant UBS:we move our view on the yen from most preferred to neutralGiven the relative strength of the US economy and the soft removal of Japan’s yield-curve control policy, we see limited catalysts that could outweigh the negative 5% carry that a long yen, short dollar position entailsThe analysts are not entirely convinced though, recommending keeping options one via ... err, options:Nonetheless, we continue to see a lon... Read More
Posted: Aug 21 2023, 01:45
Author Name: forexlive
Views: 111865

Search within

Pages Search Results: