Yen carry trade weathers storms as investors still rank currency highly
TOKYO -- Yen carry trade, or borrowing at low interest rates in the Japanese currency to invest in such higher-yielding currencies as the dollar, still has a strong presence despite a storm of factors working against it.
Traders who have held positions for 4-plus years can tolerate stronger yen
The Japanese yen remains a priority currency for investors for funding carry trades. © Reuters
TOKYO -- Yen carry trade, or borrowing at low interest rates in the Japanese currency to invest in such higher-yielding currencies as the dollar, still has a strong presence despite a storm of factors working against it.
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