Thursday, August 16, 2007

The head of a currency management group at one bank confirmed that he had corporate clients, whom he would not name, engaged in the carry trade, and he added that he did not think it was the smartest of maneuvers for companies. “The carry trade is a very

Corporate coffers exposed to yen-trade reversal

Corporate coffers exposed to yen-trade reversal Merrill’s Bernstein sees signs of potential bomb in U.S. balance sheets The Yen carry trade, which by some estimates could have $1 trillion tied up in it, appears poised to be the next market taken down by the credit meltdown. And corporations may be unexpected—and direct—victims of a collapse to the extent they try to act like day-traders with a portion of their cash balance but are late to the game

Posted by chris :-)) @ 02:07 AM (411 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>