(Bloomberg) -- Investors should use options to bet
currency volatility will rise from near record lows and the yen
will rally to a 12-year high, according to Saxo Bank A/S.
The yen, the worst performing major currency against the
dollar in the past year, may surge 18 percent to 100 per dollar
in the next year if volatility climbs and leads investors to
exit so-called carry trade bets, according to Saxo, a
Copenhagen-based online bank specializing in currencies, stocks,
bonds and derivatives.
Read more at Bloomberg Currencies News
currency volatility will rise from near record lows and the yen
will rally to a 12-year high, according to Saxo Bank A/S.
The yen, the worst performing major currency against the
dollar in the past year, may surge 18 percent to 100 per dollar
in the next year if volatility climbs and leads investors to
exit so-called carry trade bets, according to Saxo, a
Copenhagen-based online bank specializing in currencies, stocks,
bonds and derivatives.
Read more at Bloomberg Currencies News
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