PDA

View Full Version : NZ Dollar Drops as Bernanke Deters Investors From Carry Trade - Bloomberg



NewsWhore
09-02-2007, 06:10 PM
NZ Dollar Drops as Bernanke Deters Investors From Carry Trade (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3Da2FqZHf0Vso4%26refer%3Daustralia&cid=0&ei=PzTbRsDdCIic0AHN9_ijCA)
Bloomberg - 14 minutes ago
The currency is a favorite for the trade, where cheaply borrowed yen is invested in countries offering higher-yielding assets, because of its record 8.25 ...



More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3Da2FqZHf0Vso4%26refer%3Daustralia&cid=0&ei=PzTbRsDdCIic0AHN9_ijCA)