Reported about 2 months ago
Japanese retail investors are slowly re-entering carry trades involving high-yielding currencies like the Mexican peso and Turkish lira as the yen's recent surge appears to be stabilizing. Recent data indicates a rebound in short positions against the yen, signaling renewed interest, although investors are exercising caution to manage risk and leverage. Following interest rate hikes by the Bank of Japan, many had incurred losses on previous trades, but now they are cautiously exploring the market again.
Source: YAHOO