Skip to content
Back to Guavy Wire
Forex

Rabobank Warns of Potential Yen Carry Trade Fallout

Instruments
EUR JPY GBP
Share

The USD/JPY pair saw significant action in Q3, with the Dollar strengthening against the Yen. This move has left FX markets surprised and may have implications for the Yen Carry Trade if it continues.

Rabobank's Global Daily notes that while EUR/USD and GBP/USD were relatively subdued during this period, USD/JPY saw a notable increase in value.

The report warns that emerging market FX is also slipping against the Dollar, except for CNY, which is treated as a separate case. This trend has left some markets caught off guard, particularly those expecting a weaker USD.

More on Forex

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc