Yen Carry Trade Data Suggest Cautious Return of Retail Investors

From bnnbloomberg.ca

Japanese individual investors have been slowly getting back into high-yielding currencies such as the Mexican peso and Turkish lira amid signs the yen’s surge is pausing. Net short positions in the yen against the Mexican peso and Turkish lira recovered to levels last seen on Aug. 2 , according to data on the Tokyo Financial Exchange’s Click 365 platform as of Monday. Those positions betting on the yen’s drop versus the peso rebounded 19% to 67,808 contracts from Aug. 5, when positions sank 47% in a single day after the Japanese currency surged around the start of the month. Positions wagering on the lira’s ... (full story)