Charu Chanana, director of forex strategy at Shinsei Bank, stated in a report that the safe-haven appeal of the Japanese yen boosted the currency, and if a significant interest rate cut by the Federal Reserve leads to the closure of carry trades, the yen may further pump. The yen performed better than other currencies during the big fall on Tuesday, showing its safe-haven appeal. When we deal with uncertain economic conditions and potential market shocks, the yen remains a key asset for investors seeking stability.
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盛宝银行：日元可能因避险和套息交易Cerrar Posición而pump
Charu Chanana, director of forex strategy at Shinsei Bank, stated in a report that the safe-haven appeal of the Japanese yen boosted the currency, and if a significant interest rate cut by the Federal Reserve leads to the closure of carry trades, the yen may further pump. The yen performed better than other currencies during the big fall on Tuesday, showing its safe-haven appeal. When we deal with uncertain economic conditions and potential market shocks, the yen remains a key asset for investors seeking stability.