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Surveillance: German Finance Minister

Bloomberg Surveillance

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Is the Dollar Yen Going to Do the Same?

The cross between the Mexican peso and the Japanese yen provided carry trade returns of 50% up until about two or three weeks ago. John Defterios: This is really a warning shot here for carry traders. The EM carry trade is really at risk here, and frankly, the G10 carry trade as well. And that's going to spill over to the dollar yen exchange rate.

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