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View Full Version : Yen Rises on Bets Carry Trade to Evaporate on Economic Turmoil - Bloomberg



NewsWhore
10-27-2008, 05:01 PM
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Yen Rises on Bets Carry Trade to Evaporate on Economic Turmoil (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Da7G77xhNuSb0%26refer%3Djapan&cid=1263147853&ei=sC0GSfbUBKXCMerR9O4C&usg=AFQjCNGp04hsZEebRFBATY8b5djJpEOSMw)
Bloomberg - 30 minutes ago
``It&#39;s a combination of unwinding carry positions and money going home to Japan and the US,&#39;&#39; said Tom Fitzpatrick, global head of currency strategy at ...


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