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Dollar Yen Gets Carried Away
The Bank of Japan voted not to add any more stimulus to its fragile economy on Tuesday. The news sent dollar/yen lower.
While traders still see 100 as a key psychological level, does the return of the carry trade make this level just a pipedream?
Saxo Bank's Head of Forex Strategy, John Hardy, considers the options.
01:14 minutes
Tags: boj, carrytrade, dollar, foreign exchange, forex, traders, yen
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