Outrageous Predictions
Carry trade unwind brings USD/JPY to 100 and Japan’s next asset bubble
Charu Chanana
Chief Investment Strategist
Global Head of Macro Strategy
Summary: Trump tweets touting terrific US-China trade deal to come and a nixing of the March 1 negotiating period deadline have turbocharged risk appetite again and taken USD to the lower end of the trading range again, threatening a break down if the momentum continues – something it hasn’t done in either direction in most cases.