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Please assist to explain the investment strategy of the carry trade, using the example of low interest rate Japanese yen (JPY) deposits and high interest

Please assist to explain the investment strategy of the carry trade, using the example of low interest rate Japanese yen (JPY) deposits and high interest rate Australian dollar (AUD) deposits. Do investors engaged in the JPY-AUD carry trade hope the yen will appreciate or depreciate over time relative to the AUD?

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