Thursday, August 2, 2007
The carry trade, variously estimated at between $20 billion and $1 trillion, is perhaps the world’s biggest bet
Yen to gain as leverage dominoes fall:
The great repricing of risk now happening in global markets will undermine the lure of the yen carry trade, supporting the Japanese currency and hitting higher yielders like the New Zealand dollar.
Posted by chris :-)) @ 04:47 PM (383 views)
One thought on “The carry trade, variously estimated at between $20 billion and $1 trillion, is perhaps the world’s biggest bet”
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japanese uncle says:
For the regulars in the HPC site, this news is just another matter of course.