Dollar Powers To 4-Month Highs Against Yen: Trump Tariff Expectations Spark Carry Trade Frenzy

Biztoc.com - 13. November 2024

Dollar Powers To 4-Month Highs Against Yen: Trump Tariff Expectations Spark Carry Trade Frenzy

The U.S. dollar surged past 155.60 yen on Wednesday, hitting levels unseen in nearly four months. What Happened: Investors piled back into yen-dollar carry trades. The speculation is that the incoming Trump administration will aggressively hike tariffs on imp…

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