The yen rebounded as markets priced in a Bank of Japan rate hike to 1.25% on Sept. 18, according to Alasdair Macleod. He says the move may not end the carry trade into US Treasury bills, but a squeeze on yen shorts could be underway.
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The yen rebounded as markets priced in a Bank of Japan rate hike to 1.25% on Sept. 18, according to Alasdair Macleod. He says the move may not end the carry trade into US Treasury bills, but a squeeze on yen shorts could be underway.
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I sold the $META $655 Puts 9/25 for $7.60
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