Chidu Narayanan of Wells Fargo Securities shares three reasons why he does not see the Yuan carry trade unwinding and says that USD/JPY will remain "rangebound" around 139-145 in the near term..
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Don't see an unwinding in Yuan carry trade, 'worst is possibly over' for its offshore currency: Wells Fargo
Chidu Narayanan of Wells Fargo Securities shares three reasons why he does not see the Yuan carry trade unwinding and says that USD/JPY will remain "rangebound" around 139-145 in the near term.