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The financial markets experienced significant volatility in August due to the unwinding of the yen carry trade. This event caused a notable impact on the USD/JPY currency pair, which is now well below last month's levels. The yen has appreciated significantly since the major selloff in August, indicating that the carry trade was largely dismantled in a short period. Market analysts are debating whether the worst is over or if further volatility could be on the horizon in September. The unwinding of the yen carry trade also shook currency markets throughout July, and if the USD/JPY takes out 140.30, it could lead to more market upheaval.
This summer’s spike in volatility provided many noteworthy developments. One of the most interesting was the unwinding of the so-called “yen carry trade” that shook currency markets throughout July and August. https://t.co/fxU18p9b38
Yen now decent amount higher than big snap selloff in August- I guess the carry trade got largely obliterated all in 1 fell swoop
The USD/JPY is well below last month’s carry trade blow up now. Has to mean something or nah?
