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Yen carry trade


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#1 johngeorge

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Posted 26 July 2007 - 09:10 AM

Short term gaps tell the story. Beware a strengthening Yen. :bones:

http://finance.yahoo...&t=...=l&c=^DJI
Peace
johngeorge

#2 kaiser soze

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Posted 26 July 2007 - 09:15 AM

Yup. Look at today-JPY short term topped out 0.8450 and began to weaken and on cue, stocks began to strengthen.