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View Full Version : Dollar to Drop 8% Against Yen as Carries Unwind, Barclays Says - Bloomberg



NewsWhore
10-22-2008, 11:40 PM
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Dollar to Drop 8% Against Yen as Carries Unwind, Barclays Says (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601103%26sid%3DaYAti1_FpsHc%26refer%3Dus&cid=0&ei=lOX_SIGrNKSUMpeG7JgJ&usg=AFQjCNE-fqlH0JCfExlGOevMk-ZzjmaLKA)
Bloomberg - 23 minutes ago
The currency traded at 97.77 per US dollar at 10:45 am in Tokyo from 97.66 yesterday. ``The main story is that risk aversion will encourage unwinding of yen ...


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