Yen Showdown Looms as Traders ‘Obsessed’ With Carry Ramp Up Bets

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Yen Showdown Looms as Traders ‘Obsessed’ With Carry Ramp Up Bets
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Rising interest rates in Japan will do little to rescue the beleaguered yen as long as there’s demand for one of the most lucrative bets in foreign exchange, traders say.

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