DailyBubble News
DailyBubble News

GBP/JPY, AUD/JPY: Carry trades flock to FX outperformers as hard landing risks recede – FOREX.com

The GBP/JPY and AUD/JPY pairs are attracting carry trades as fears of a hard landing diminish. Traders are flocking to these FX outperformers as they offer higher interest rates. This trend is supported by positive economic data and improving market sentiment. The GBP/JPY and AUD/JPY pairs are seen as safe havens for investors looking to capitalize on potential gains. As a result, these pairs are gaining popularity among traders seeking to maximize their returns in the foreign exchange market.

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