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View Full Version : Pound May Drop 18% Versus Yen on Carry Unwind, Citigroup Says - Bloomberg



NewsWhore
11-02-2008, 07:40 PM
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Pound May Drop 18% Versus Yen on Carry Unwind, Citigroup Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaiU5uYzjzFq8%26refer%3Dasia&cid=0&ei=JkoOSY-qHIPK8AT-gs2ODg&usg=AFQjCNEf6Oa-C4Xa4GNRxjbKIn3wJnbYOQ)
Bloomberg - 9 minutes ago
3 (Bloomberg) -- Investors should sell the pound against the yen as it may drop 18 percent against the Japanese currency because Britain&#39;s banks will have ...


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