How the Yen Carry Trade Is Unraveling in June 2026

In June 2026, the yen carry trade — a staple of global finance for years — is showing clear signs of strain. With the yen at 159 per dollar despite a flat dollar index, and the Bank of Japan signaling a potential policy shift, investors who borrowed cheap yen to buy higher-yielding emerging market assets are facing a reckoning. Lucas and Luna unpack the mechanics: how the trade worked, why it's breaking, and what it means for markets from Mexico to Taiwan. With the EEM up 4.1% this week and EWY surging 13%, the divergence between EM winners and losers may hinge on who needs yen financing most. A must-listen for anyone tracking currency risk in global portfolios. #YenCarryTrade #BankOfJapan #USDJPY #CurrencyRisk #EmergingMarkets #GlobalMacro #CarryTradeUnwind #Japan #FX #MonetaryPolicy #InterestRates #EEM #EWY #Mexico #Taiwan #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo