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The Nexus
BUSINESSAug 5 · 11:15 UTCBLOOMBERGVinícius Andrade and Anya Andrianova

Carry Trade Is Powering On as Investors Sidestep Yen’s Gains

Emerging-market carry trades remain resilient despite joint US-Japan currency intervention that reduced the yen's appeal as a funding source. Investors are avoiding the yen's gains while continuing to support these foreign-exchange strategies.

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