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View Full Version : Goldman Expects Yen to Rise 6% Against Dollar on Carry Unwind - Bloomberg



NewsWhore
11-12-2008, 09:50 PM
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Goldman Expects Yen to Rise 6% Against Dollar on Carry Unwind (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Dad3P2vXJ4T3k%26refer%3Djapan&cid=1268745902&ei=3JcbSbneL5-EyQSqhIzHAw&usg=AFQjCNFA5Zn6X5rRaNefZ5iwDGcuo3L-7Q)
Bloomberg - 19 minutes ago
The risk in such carry trades is that currency market moves will erase profits. Investors exited bets in higher-yielding assets and fled to the safety of ...


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