Carry-Trade Demand Hits Japanese Yen

Continuing demand for carry-trade has led to increased selling of Japanese Yen, according to recent market trends. This phenomenon is characterized by investors borrowing in a low-interest currency and investing in a higher-yielding asset.

The WSJ reported that the Japanese Yen has been under pressure due to this trend, leading to its decline against other major currencies. The article highlights the influence of carry-trade on the value of the Japanese Yen, which is often used as a safe-haven currency.