Forex Market Update - InformedTrades

Forex Market Update

Published by InformedTrades
08-22-2008

Forex Market Update

Forex Market Update

Asian stock losses not enough to deter yen funded carries

While the moderate gains in American stocks has failed excite the Asian stocks, the steady outflow of yen from Japan continues to keep yen on offer and carry traders well equipped.

MAJOR HEADLINES ? PREVIOUS SESSION
JN Machine Tool Orders YoY (Jul F) out at -8.9% ...

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