Jump to content



Photo

Japan Economy and the YCT


  • Please log in to reply
No replies to this topic

#1 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,062 posts

Posted 12 March 2007 - 07:34 AM

A recent report shows that Japanese economy grew at 5.5% faster than expected by BOJ officials, which may push BOJ to raise the rate again. Yen reversed losing course. There may be another round of position unwinding of YCT (yen carry trade).