Record Yen Slide Puts Tokyo on Notice
Category: Macro & Portfolio Strategy
Published:
The yen carry trade has rebuilt to a nine-year speculative short. Japan spent $74 billion between April and May trying to stop it. The yen is still at 161. Inside the CFTC positioning, MOF intervention math, and the option strikes that could force a disorderly unwind.
Read the full Icarus Asia research note at https://icarusasia.com/research/yen-carry-risk.
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By Icarus Asia — independent strategic advisory and market research on Asian markets.