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Yen carry trade explained: borrowing cheap yen to invest in US tech stocks like Nvidia.

From Overnight Trading Is Coming — And Retail Will Pay For It · jumps to 1:41:57 · speech

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We're like 2% off the highs, but these are all very good points. And Hedgi here talks about the yen carry trade that I've mentioned a bunch of times. So, we've talked about how the yen carry trade works on this channel before where effectively you have this borrowing going on um where people are borrowing cheap yen, right? taking USD, borrowing cheap yen. Uh yeah, sorry, they're borrowing cheap. They're borrowing cheap yen, getting in USD, putting that money into stocks like Nvidia, Micron, and NQ. And so you had this rally above a significant high and then you had intervention.
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