JPY Gets Punked in Early Trading

May. 4.09 | About: iPath JPY/USD (JYN)

Early attempts to jam the USD into the stratosphere and recreate the carry trade have failed miserably. Definitely will not be the last time on this late Sunday night/early Monday morning as fat fingered currency traders try to soak up the spilled moccachino from between the keys of their Bloomberg keyboards.

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