State Street and Citigroup See Franc Replacing Yen for Carry Trades
(Bloomberg) -- Traders are starting to turn to the Swiss franc as the top choice for funding carry trades instead of the yen, potentially alleviating pressure on the Japanese currency.Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterTSMC Facilities to Resume Production Overnight After QuakeTrump Got His $175 Million Bond From a Billionaire Fan’s CompanyKim Jong Un Faces Annihilation in Most Korea...
Source: yahoo.com