Sunday, Mar 04, 2007
Rumble
Market Watch: Yen rallies as carry trade unwinds
The yen turned in its best weekly performance in 14 months, posting a 3.5% gain against the dollar, as heightened volatility in global markets and increased aversion to risks prompted investors to unwind their so-called yen carry trades.
Posted by harold @ 02:53 PM (137 views) Add Comment
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