Investment
Features
FeesSafety
Academy
More
Pluang+

Yen's strength shifts carry trade focus to yuan and Canadian dollar amid Japan rate hike bets

Market News
14 Sep 2026
CNBC
View Source
Neutral
Yen's strength shifts carry trade focus to yuan and Canadian dollar amid Japan rate hike bets

The Japanese yen has strengthened about 6% against the dollar since late July, driven by Bank of Japan intervention and expectations of rate hikes. This has made the yen less attractive for carry trades, where investors borrow in low-yield currencies to invest in higher-yield ones. As a result, traders are eyeing the Chinese yuan and Canadian dollar as alternative funding currencies. The yuan benefits from growing offshore bond issuance, while the Canadian dollar's carry-to-volatility ratio is becoming comparable to the yen's. The Bank of Japan is expected to raise rates this week, but Japanese rates will remain low compared to global peers, so the yen carry trade may not disappear entirely.

More News

STONK rallies on whale buying, strong StonkFun revenue, and bullish derivatives signals

STONK rallies on whale buying, strong StonkFun revenue, and bullish derivatives signals

STONK's recent price rally gained momentum from a large whale buying $4.4 million USDC worth of tokens near the $0.30 resistance level, signaling strong demand. Additionally, StonkFun's daily revenue of $1.84 million surpassed competitor Pump.fun, su...

Market News
Neutral
4 hours ago
Bitcoin stalls near $77K; new bull market not confirmed yet, key $81.7K level crucial

Bitcoin stalls near $77K; new bull market not confirmed yet, key $81.7K level crucial

Bitcoin has rebounded about 24% over two weeks but remains stuck between $76,000 and $82,000, trading near $77,000. CryptoQuant highlights that a decisive break above the 365-day moving average at $81,700 is needed to confirm a new bull market, as th...

Technical Signals
Neutral
4 hours ago
BNB Chain leads 2026 with $3.62B real-world asset growth, price nears key $750 resistance.

BNB Chain leads 2026 with $3.62B real-world asset growth, price nears key $750 resistance.

BNB Chain captured $3.62 billion in new real-world asset value in 2026, topping blockchain growth charts. Its token price rebounded strongly to around $731, facing resistance near $750-$770. The ecosystem's DeFi total value locked rose 15.6% to $5.66...

Protocol Fundamentals
Bullish
4 hours ago
Barnes & Noble Education shifts to affordable education programs with recurring revenue model

Barnes & Noble Education shifts to affordable education programs with recurring revenue model

Barnes & Noble Education is transitioning from a traditional bookstore retailer to providing inclusive educational programs billed through tuition fees. This new model offers recurring revenue, higher sales volume, and more predictable pricing, suppo...

Market News
Bullish
4 hours ago
Symbiosis Bitcoin Bridge hacked, 46.1B fake tokens made, $336K stolen, 15 BTC recovered, bounty offered

Symbiosis Bitcoin Bridge hacked, 46.1B fake tokens made, $336K stolen, 15 BTC recovered, bounty offered

On September 11, 2026, Symbiosis's Bitcoin Bridge was exploited to create about 46.1 billion unbacked synthetic Bitcoin tokens (syBTC). The attacker liquidated only around 4.39 wrapped BTC for roughly $336,000 before the breach was detected. Symbiosi...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App