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View Full Version : Yen Rises on Speculation Stock Declines to Curb Carry Trades - Bloomberg



NewsWhore
09-08-2008, 09:50 PM
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Yen Rises on Speculation Stock Declines to Curb Carry Trades (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Daj9l18AqQwMM%26refer%3Djapan&cid=0&ei=ANfFSLLvMYP0-gH9qcDeDA&usg=AFQjCNEPmoY43kltvXIIFw2ByJdR73Px3g)
Bloomberg - 14 minutes ago
The risk is that currency market moves erase those profits. Borrowing costs are 0.5 percent in Japan, 7 percent in Australia and 8 percent in New Zealand. ...


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