In a recent short video, Marc Ellazidi, Fund Manager of Merill Funds, delves into the Bank of Japan's decision to raise interest rates for the second time this year. Marc examines the significant sell-off that followed and explores the relationship between the recent U.S. tech stocks sell-off and the trajectory of the yen. Traditionally a favored currency for carry trades due to its low-interest rates, the Japanese Yen is now poised for a reversal in its trajectory.
Watch the video on our LinkedIn page through the link below: