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View Full Version : Yen Rises to Highest Since 2006 as Investors Exit Carry Trades - Bloomberg



NewsWhore
08-16-2007, 04:50 PM
Yen Rises to Highest Since 2006 as Investors Exit Carry Trades (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaWGla4JiAKP4%26refer%3Dhome&cid=0&ei=L7jERsyHNIH20QG63NG0Dw)
Bloomberg - 12 minutes ago
The yen is the strongest currency today as the carry trades unwound. The last time the carry trade crashed was in 1998 after Russia's debt default in August ...



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