The Bank of Japan's recent decision to raise interest rates to 0.25% and reduce bond purchases caused the yen to surge over 11% against the dollar. This unexpected move led to a rapid unwinding of yen carry trades as investors sought to avoid losses from a strengthening yen. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.