Yen May Rebound as Volatility Erodes Carry Trades, Shinko's Suzuki Says

(Bloomberg) -- The yen may gain to more than a two-
month high of 119.50 against the dollar as rising options
volatility prompts traders to exit carry trades, said Kengo
Suzuki, currency strategist at Shinko Securities Co. in Tokyo.

``Investors aren't being compensated enough for the risk of
putting on dollar-yen carry trades,'' said Suzuki. ``It's
possible for the yen to head higher against the dollar and this
could spread to other currencies.''


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