print-icon
print-icon
premium-contentPremium

'Carry Trade Unwind' Fears Rise Ahead Of BoJ Meeting

Tyler Durden's Photo
by Tyler Durden
Thursday, Jan 23, 2025 - 07:40 PM

This article is so good
it's for premium members only.

Does that sound like you?

Already a member? Sign in.

PREMIUM


ONLY $30/MONTH

BILLED ANNUALLY OR $35 MONTHLY

All BASIC features, plus:

  • Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
  • Access to our Private X Account, The Market Ear analysis, and Newsquawk
  • Ad-Free Experience: Enjoy an uninterrupted browsing experience.

PROFESSIONAL


ONLY $125/MONTH

BILLED ANNUALLY OR $150 MONTHLY

All PREMIUM features, plus:

  • Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)

Authored by Simon White, Bloomberg macro strategist,

Yen option traders are inferring a greater probability of a stronger Japanese currency in the coming weeks, intimating there is a residual risk priced that another interest-rate hike by the BOJ could trigger unwinding of carry trades.

The Bank of Japan meets on Friday, where it is widely expected to raise rates for a second time in this cycle, to their highest level in 15 years.

5,947

Want more of the news you won't get anywhere else?

Sign up now and get a curated daily recap of the most popular and important stories delivered right to your inbox.