http://stockcharts.com/c-sc/sc?s=$XJY&p=D&b=2&g=0&i=p41556933418&a=113113910&r=751.png
Yen in an upward trend
Started by
ChickenLittle
, Jul 28 2007 11:16 AM
3 replies to this topic
#1
ChickenLittle
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Posted 28 July 2007 - 11:16 AM
History always repeats . . . only the details change.
#2
uncleharley
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Posted 28 July 2007 - 12:19 PM
It is my understanding that the Yen carry trade is unwinding which is causing some liquidity problems and putting additional pressure on global markets.
uh
#3
humble1
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Posted 28 July 2007 - 06:24 PM
excellent chart and an important part of this imploding market. thanks !
#4
dcengr
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Posted 28 July 2007 - 09:19 PM
I know I posted something about this a while back.. but I found the article. Dunno who those "large traders" are that are short the Yen, but as of last report, they're still carrying a lot of Yen shorts.
If this is a carry trade induced sell-off, we should know which way the market is headed just by watching the yen on sunday..
Carry Trade
If this is a carry trade induced sell-off, we should know which way the market is headed just by watching the yen on sunday..
Carry Trade
Qui custodiet ipsos custodes?
