Tag
Carry Trade
3 articles
Thai Baht's Rate-Hold Bounce Has No Follow-Through
Strategists say the baht's post-hold gain will fade as the Bank of Thailand's dovish bias and rising oil prices sustain structural pressure on the currency.
Hedge Funds Halved Yen Short Bets After U.S.-Japan Intervention
CFTC data through Aug. 4 shows bearish yen positions cut by roughly half as coordinated U.S.-Japan action stabilized the currency.
Yen at 159 Per Dollar as 180-Basis-Point Rate Gap Sustains Carry Trade
Two rounds of intervention have failed to hold the line; the Treasury-JGB spread is the structural force Tokyo cannot unilaterally close.