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profitable carry tradesCNBC
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81% Informative
"You can't unwind the biggest carry trade the world has ever seen without breaking a few heads," says Kit Juckes , chief foreign exchange strategist at Societe Generale .
Traders seeking to roll back on the popular trading strategy amid a dramatic global sell-off in risk assets.
Traditional safe-haven assets, such as the yen and the Swiss franc , surged on Monday , fueling speculation that some investors were seeking to quickly unload profitable carry trades to cover their losses elsewhere.
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