Posts Tagged: Carry Trade

US Dollar Index (DXY) Joins Broader Market Recovery After Sharp Selloff

By Andrew Moran August 6, 2024, 8:50 pm • Posted in Forex

The US Dollar Index (DXY), a gauge of the greenback against a basket of currencies, recovered on Tuesday after the sharp August 5 selloff. The…

Japanese Yen Strengthens Amid Unwinding of Carry Trades in Market Rout

By Andrew Moran August 5, 2024, 7:32 pm • Posted in Forex

The Japanese yen strengthened against its US counterpart to kick off the trading week. The currency has been soaring in recent weeks on government intervention…

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