Outlook

Outlook

FX: Mixed outlook for carry trades as markets read the runes on rates Carry traders are going to have to work hard to maintain the momentum of the last few months if expectations of interest rate cuts in the US and hikes in Japan come to pass.

As the markets continue to speculate on the future of interest rates in the US and Japan, carry traders are facing a mixed outlook. The potential for rate cuts in the US and rate hikes in Japan could shake up the current momentum that carry trades have been experiencing.

It will be crucial for carry traders to closely monitor any developments in interest rates and adjust their strategies accordingly to navigate the uncertain waters ahead. With the potential for significant changes on the horizon, staying informed and agile will be key for success in the carry trade market.