{"id":28380,"date":"2024-08-09T04:33:03","date_gmt":"2024-08-09T04:33:03","guid":{"rendered":"https:\/\/www.duck9.com\/blog\/?p=28380"},"modified":"2024-08-09T00:33:14","modified_gmt":"2024-08-09T04:33:14","slug":"wordpress-post-by-gabor-gurbacs-on-yen-carry-trade","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/wordpress-post-by-gabor-gurbacs-on-yen-carry-trade\/","title":{"rendered":"WordPress Post by Gabor Gurbacs on Yen Carry Trade"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"ltr\">\n<div dir=\"ltr\">Here is how the Japanese Yen (JPY) carry trade will collapse in 8 steps:<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">1. BOJ hikes interest rates, increasing the cost of borrowing for the carry trade.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">2. Traders face rising carry trade loan repayments, driving up demand for JPY.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">3. Sharp rise in JPY triggers the start of the carry trade unwind.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">4. Traders face margin calls, leading to forced liquidations.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">5. Liquidity evaporates, causing severe volatility in FX markets.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">6. Widening bid\/ask spreads intensify selling pressure.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">7. Contagion spreads to global markets, sparking a broader sell-off.<\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">8. Crash mirrors the rapid collapse seen in Terra Luna.<\/div>\n<div dir=\"ltr\"><\/div>\n<p><img decoding=\"async\" alt=\"image0.jpeg\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2024\/08\/image0-4.jpeg\"><br \/><a href=\"https:\/\/x.com\/gaborgurbacs\/status\/1821695176236265473?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\"><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" style=\"border:1px solid #ccd6dd; border-radius: 12px;\" width=\"500\" bgcolor=\"#ffffff\">\n<tbody>\n<tr>\n<td colspan=\"3\" style=\"font-size: 0px; line-height: 0px;\" height=\"12\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<td>\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"464\" align=\"left\">\n<tbody>\n<tr valign=\"top\">\n<td width=\"48\" valign=\"top\"><a href=\"https:\/\/x.com\/gaborgurbacs?s=43\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1778841264122675200\/0aZuW8Jy_normal.jpg\" style=\"border-radius: 50%; padding: 0px;\" height=\"48\" width=\"48\" data-unique-identifier=\"\"><\/a><\/td>\n<td width=\"8\" style=\"font-size: 0px; line-height: 0px; min-width:8px;\"><img decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/spacer.png\" width=\"8\" data-unique-identifier=\"\"><\/td>\n<td valign=\"middle\" width=\"388\" style=\"min-width: 388px;\">\n<table cellpadding=\"0\" cellspacing=\"0\" border=\"0\" align=\"left\" width=\"388\">\n<tbody>\n<tr>\n<td align=\"left\" width=\"388\"><b><a href=\"https:\/\/x.com\/gaborgurbacs?s=43\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; color: #292c2f; text-decoration: none;\">Gabor Gurbacs<\/a><\/b><\/td>\n<\/tr>\n<tr>\n<td align=\"left\"><a href=\"https:\/\/x.com\/gaborgurbacs?s=43\" style=\"font-family: Helvetica, Arial, san-serif; font-size: 14px; line-height: 18px; text-decoration: none; color: #7e8c98;\">\u2066\u202a@gaborgurbacs\u202c\u2069<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td valign=\"top\" width=\"20\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/email\/self_serve\/media\/logo_twitter-1497383721365.png\" height=\"20\" width=\"24\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td height=\"9\" colspan=\"4\" style=\"font-size: 0px; line-height:0px;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ea.twimg.com\/self_serve\/media\/spacer_464x1-1582829598167.png\" width=\"464\" height=\"1\" data-unique-identifier=\"\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"font-family: Helvetica, Arial, san-serif;color: #292c2f; font-size: 18px; line-height: 24px; text-decoration: none;\">Here is how the Japanese Yen (JPY) carry trade will collapse in 8 steps:<\/p>\n<p>1. BOJ hikes interest rates, increasing the cost of borrowing for the carry trade.<\/p>\n<p>2. Traders face rising carry trade loan repayments, driving up demand for JPY.<\/p>\n<p>3. Sharp rise in JPY triggers the start of<\/td>\n<\/tr>\n<tr>\n<td height=\"3\" colspan=\"4\" style=\"font-size: 0px; line-height:0px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\"><a href=\"https:\/\/x.com\/gaborgurbacs\/status\/1821695176236265473?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\" style=\"font-family: Helvetica, Arial, san-serif;color: #667785; font-size: 14px; line-height: 18px; text-decoration:none;\">8\/8\/24, 6:49\u202fPM<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td width=\"18\" style=\"font-size: 0px; line-height: 0px; min-width: 18px;\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" style=\"font-size: 0px; line-height: 0px;\" height=\"12\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/a><\/div>\n<p><br id=\"lineBreakAtBeginningOfSignature\"><\/p>\n<div dir=\"ltr\">\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0);\">WordPress\u2019d from my personal iPhone,&nbsp;<a href=\"tel:650-283-8008\" dir=\"ltr\" x-apple-data-detectors=\"true\" x-apple-data-detectors-type=\"telephone\" x-apple-data-detectors-result=\"1\">650-283-8008<\/a>, number that&nbsp;Steve Jobs texted me on<\/span><\/div>\n<div dir=\"ltr\"><span style=\"background-color: rgba(255, 255, 255, 0);\"><br \/><\/span><\/div>\n<div dir=\"ltr\">\n<div><font color=\"#000000\"><span style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0);\">https:\/\/www.YouTube.com\/watch?v=ejeIz4EhoJ0<\/span><\/font><\/div>\n<div><span style=\"font-size: 13pt;\"><br \/><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Here is how the Japanese Yen (JPY) carry trade will collapse in 8 steps: 1. BOJ hikes interest rates, increasing the cost of borrowing for the carry trade. 2. Traders face rising carry trade loan repayments, driving up demand for JPY. 3. Sharp rise in JPY triggers the start of the carry trade unwind. 4. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":28381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-28380","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/28380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=28380"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/28380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media\/28381"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=28380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=28380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=28380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}