NZ Central Bank is very concerned with the JPY Carry Trades.
What is the story behind this?
What is the implication to the JPY?
Are these central banks complaining because it is causing artificial weakness to the JPY? And making the opposite pair higher? (ie, NZD has been gaining value because of the NZDJPY carry?)
can anyone explain this?
What is the story behind this?
What is the implication to the JPY?
Are these central banks complaining because it is causing artificial weakness to the JPY? And making the opposite pair higher? (ie, NZD has been gaining value because of the NZDJPY carry?)
can anyone explain this?