Traders Lose Confidence in Yen Carry Trades

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by gracecheng | March 28, 2007 at 07:47 am
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Here it comes again - the great yen carry trade liquidation. Forex
traders sold USD/JPY, GBP/JPY, EUR/JPY, NZD/JPY heavily on the basis of
bearish USD sentiment. Just when people thought that carry trades are
in fashion again, global uncertainties..

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