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EconomyThe yen’s sudden surge is upsetting carry-trade faithful

A powerful rally in the yen ahead of an expected Bank of Japan rate hike next week is disrupting the long-established, profitable carry trade. Investors are reassessing the path of the volatile currency.

Japanese yenBank of Japancarry trade

RReuters★★☆☆☆2026-09-08 06:40Original

The yen’s sudden surge is upsetting carry-trade faithful
The yen’s sudden surge is upsetting carry-trade faithfulEconomy