This is what was likely behind the most recent stock market blowupOne main point: In financial markets, successful carry trades rely on low volatility, precise timing, and exiting before spikes to avoid significant losses.
MXN/JPY to go above 9.50 amidst the carry trading environment - London Business News | Londonlovesbusiness.comLow volatility in forex market until US core PCE report on May 31. Increased interest in carry trades, particularly MXN/JPY.