Traders Laboratory - View Single Post - Behavior of AUD or EUR futures today(05 sep)
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Old 09-11-2007, 01:58 AM
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Re: Behavior of AUD or EUR futures today(05 sep)
The Japanese carry trade is chasing around for the best place to put their money. AUS, NZD, GBP, bouncing from one to the other looking for the least scary place to park their yens where they will earn more than the 0.5% rate in Japan. Bad news on one side of the globe has yen going to the other side of the globe. Bloomberg has finance posts that are worth looking at.

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