I’m an financier in stocks, bonds, genuine estate, as well as currencies, though I unequivocally do not know how to rivet in the yen lift traffic nonetheless I’m really informed with profit/loss implications at the back of the lift trade. What brokerage organisation or alternative monetary outfit can set me up? Are the fees high?
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To engage in the yen carry trade, you need to be able to borrow the yen, which means you must have a good credit standing with at least one major Japanese bank.
The alternative is to conduct the carry trade in the futures market; you would buy Eurodollar futures and short Euroyen futures, while hedging the currency risk with a long position in yen futures…