A carry trade is where investors borrow money in a country , which has the lowest inerest rates among developed economies, to buy securities with better returns overseas, this scenario can be seen today when the same happened in Japan , this worked to depress the yen , while boosting the value of overseas currencies.
Yen dropped against the dollar and euro caused the japanese stocks to rebound from their biggest loss in a month. Basically, the value of Japanese exporters' overseas sales increases because of a weak yen when converted back into local currency and makes their products more competitive.
I believe this trend will go on for a while as investors are taking that as a sign that they can continue what they're doing.
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