BNB$676.86-1.31%BRENT$94.74-0.93%BTC$77,711-1.93%COPPER$6.51+0.13%DJI$53,062+0.56%DOGE$0.0841-1.44%DXY99.29-0.30%ETH$2,396-1.99%GOLD$4,433+1.04%NDX$29,143+0.23%SILVER$66.01+1.07%SOL$91.24-2.07%SPX$7,667+0.46%US10Y4.80+0.00%VIX15.20+0.00%BNB$676.86-1.31%BRENT$94.74-0.93%BTC$77,711-1.93%COPPER$6.51+0.13%DJI$53,062+0.56%DOGE$0.0841-1.44%DXY99.29-0.30%ETH$2,396-1.99%GOLD$4,433+1.04%NDX$29,143+0.23%SILVER$66.01+1.07%SOL$91.24-2.07%SPX$7,667+0.46%US10Y4.80+0.00%VIX15.20+0.00%
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BBVA: Yuan Could Replace Yen in Carry Trades Amid Rate Hikes

Key takeaways

  • BBVA suggests the yuan may become a preferred choice for carry trades over the yen if the Bank of Japan continues its anticipated interest rate hikes.
#currency#carry trade#interest rates

Analysis

BBVA suggests the yuan may become a preferred choice for carry trades over the yen if the Bank of Japan continues its anticipated interest rate hikes.

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