Central banks: what a policy statement actually tells you, line by line
The rate decision is rarely the news. The market trades the changed adjectives, the vote split and the projections —…
Tag: Bank of Japan
Every story we have filed in this section, newest first.
USD/JPY: the carry trade explained properly, and why it unwinds so violently
The yen carry trade earns slowly and loses quickly. Understanding the asymmetry is the difference between riding the trend and…