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kipp440

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kipp440

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Re: None

Thursday, 08/23/2007 11:57:32 AM

Thursday, August 23, 2007 11:57:32 AM

Post# of 35744
YEN carry trade?

The yen weakened to 117.40 overnight, the futures spiked overnight and the markets opened higher. Now the yen is trading at 115.84 and the markets are down. It sure looks like we are trading on the yen. I also see the base metal prices following the same trend. Does anyone have any theory on where the YEN is headed?

Kipp
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