Asia’s biggest banks just placed a massive $61 billion bet on a crashing US dollar — betting on BOJ rate hikes and a stronger yen that could unwind the epic carry trade propping up US stocks, triggering a major market crash.
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Asia’s biggest banks just placed a massive $61 billion bet on a crashing US dollar — betting on BOJ rate hikes and a stronger yen that could unwind the epic carry trade propping up US stocks, triggering a major market crash.