📙 Table of Contents 📘
  1. John Carter's View
  2. 📝 References 📃
  3. 📘 Bibliography 📗

🦘 AUDJPY 🗾 as a Barometer of the 💴 Yen Carry Trade 💱

Note on the 🦘 AUD/JPY 🗾 Forex Currency Pair as a measure of the 💴 Yen Carry Trade 💱.

by Charles Adams

1) John Carter's View

The AUD/JPY currency pair is often viewed as a barometer of the general 💴 Yen Carry Trade 💱. As John Carter notes [1],
"... AUDJPY ... represent[s] one very common carry trade, which is to borrow Japanese yen and then put that money into Australian dollars. The more yen that are being borrowed, the more the Australian dollar is being bought, and thus the higher AUDJPY goes ... Thus, when the carry trade is on, AUDJPY will rise. When the carry trade is being taken off, AUDJPY will fall ..."

📝 References 📃

  1. ^ Carter, Mastering the Trade, Chapter 5, "The Stock Market Is Now Open - What Tools Best Predict the Market’s Next Move?", p.145-149.

📘 Bibliography 📗

Book Cover of Mastering the Trade: Proven Techniques for Profiting from Intraday and Swing Trading Setups by Carter, John F Carter, John F. 'Mastering the Trade: Proven Techniques for Profiting from Intraday and Swing Trading Setups'. 3rd Edition. New York (NY): McGraw-Hill Education, 2019. ISBN: 978-1-26-012160-5. Borrow or Buy: [ amazon | biblio | worldcat | abe | isbnsearch | justbooks.co.uk | gettextbooks | goodreads | openlibrary | univ. manchester | librarything ].

Read These Other Interesting Articles!