Macro Finance
Carry Trade Exodus Fuels Yen Gain Ahead of BOJ Rate Decision
Bloomberg Markets·September 4, 2026·1 min read
A rush to unwind yen-funded carry trades sent the currency to a one-month high against the dollar, as traders ramped up bets on further Bank of Japan rate hikes. The move reflects shifting expectations for monetary policy divergence between Japan and the US.
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