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View Full Version : European Banks May Be Hurt by `Great Unwind,' Dresdner Says - Bloomberg



NewsWhore
08-17-2007, 10:10 AM
European Banks May Be Hurt by `Great Unwind,' Dresdner Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3Da9SWGATt5gIc%26refer%3Deurope&cid=0&ei=1Z3FRoLSG42G0gHdvoy0AQ)
Bloomberg - 30 minutes ago
The so-called carry trade that allowed investors to borrow cheap in yen is unwinding, causing the Japanese currency to strengthen at least 4 percent against ...



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