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Correction in the dollar-yen was overdue and may be ‘healthy’ for markets, former ECB chief says

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The recent rapid strengthening of the Japanese yen can be seen as an overdue and healthy correction — and it's not time to panic...
Bussiness

The popular ‘carry trade’ is unwinding — and economists fear Fed rate cuts could make matters worse

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Pedestrians walk past a currency exchange shop in central Tokyo on April 17, 2024.Richard A. Brooks | Afp | Getty ImagesRapid interest rate cuts...
Bussiness

Investors’ comments on Asia market bounce

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(Reuters) - Asian share markets rebounded on Tuesday from a historic sell-off, underpinned by a sharp recovery in Japanese stocks after U.S. central bankers...
Bussiness

Investors’ comments on global market bounce

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(Reuters) -Global stocks rallied on Tuesday, partly reversing some of the previous day's steep declines, while the Japanese yen took a breather, after central...
Bussiness

Investors are unwinding the biggest ‘carry trade’ the world has ever seen, SocGen strategist says

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A pedestrian walks past a display board showing the morning numbers on the Tokyo Stock Exchange along a street in Tokyo on August 5,...
Bussiness

Britain’s inflation rate could be about to drop below the Bank of England’s 2% target

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A shopper selects fresh produce from a market stall in the Kingston district of London, UK, on Monday, May 20, 2024. Bloomberg | Bloomberg |...

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