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Questions and StoriesCategory: QuestionsIs Carry Trading of Yen Still Applicable Even Today?
11 Answers
Kenneth Ogbonnaya answered 1 month ago

Yes.

Gareth White answered 1 month ago

Of course, havent done carry trading for a while but will give it another look

Nnaemeka Victor answered 1 month ago

I don’t understand the question

Ahmad Khasan answered 1 month ago

Yes, it is still applicable to perform carry trade with yen. In a carry trade, you borrow money from a low-interest country and then invest it in a higher-interest country. So, you made a profit from the difference in interest rate.

Currently, the Japan interest rate is low compared to other countries. The 2020 annual Japan interest rate is 1.475%. If you borrow money from Japan and invest it, say in Indonesia, with a deposit interest rate of 5% per year, you made a profit of 3.525%.

But to me, it is a meager return. You can invest your money in other businesses and get a larger profit.

David Matlala answered 1 month ago

The latest figures indicate a 13% loss in value of the Japanese Yen against the US Dollar in the past three months, setting the stage for carry trading.

Leno Jean Pierre answered 1 month ago

Yes it is applicable

Kenneth Ogbonnaya answered 1 month ago

Yes . Carry trading is available in yen, but, the reward is little.

Nnaemeka Victor answered 1 month ago

Yes it is still applicable

Leno Jean Pierre answered 1 month ago

This is one of the oldest trading strategy. Still applicable but with a lower profit.

Gareth White answered 4 weeks ago

Yes correct still viable but not going to make you rich!

Leno Jean Pierre answered 4 weeks ago

If you have knowledge how to trade using yen method you can still go ahead, unfortunately it will not give you much profit. Better use current method of trading if you want to earn more money.

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