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globalreutersSeptember 24, 20241 Mins read
EUR/JPY weakens as China stimulus revives carry trade, weighing on Yen
globalreutersSeptember 24, 20241 Mins read EUR/JPY is trading in the 160.20s, up almost 0.40% on Tuesday, after the announcement of substantial new stimulus measures by China revived the carry trade, which weighed on the Japanese Yen (JPY), the most popular funding currency for this type of trade.
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This article was written by Greg Michalowski at www.forexlive.com.
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