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(Bloomberg) — An unwinding of global carry trades is helping to jolt markets around the world. The yen and yuan pushed higher Monday, while the Mexican peso extended its decline as traders continued ...
The Japanese yen plummeted to a fresh 20-year low of 134.56 against the US dollar after the Bank of Japan (BOJ) renewed its pledge to keep monetary policy loose. Money fleeing Japan has been flowing ...
The yen's key drivers are so weak the currency is comparable to the Turkish lira and Argentine peso, Deutsche Bank said. Japan has record low real yields due to the central bank's refusal to tighten ...