SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (62160)5/29/2006 1:40:20 PM
From: sammy™ -_-  Read Replies (1) | Respond to of 110194
 
The massive unwinding of the yen carry trade could prove to be a significant development in the foreign exchange market this year. Remember that the market has been layering on this yen carry trade stuff for quite awhile. It has helped to finance this speculation crack up boom as you call it, in gold, base metals, grain, oil, stocks in North America, Europe and Asia. The unwinding of such huge positions shall either be done slowly and over a great deal of time or it shall be done quickly, massively and accompanied by a great deal of pain.



To: russwinter who wrote (62160)5/30/2006 11:18:31 PM
From: Wyätt Gwyön  Respond to of 110194
 
despite USD bitchslap today, currency leakage in places where you don't drink the water continues unabated...

The dollar did gain 2.3 per cent to R$2.3245 against the Brazilian real and 0.8 per cent to 11.274 pesos against the Mexican peso as a selective withdrawal from emerging markets continued.
news.ft.com