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Excerpt from:  Forex Analysis
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December 21, 2007

Forex Trading Strategy: Carry Trade Back On

Currency trading and risk appetite
Risk appetite is returning to the currency market as the news that Merrill Lynch is expecting a cash infusion blosters equities. Forex trading strategy should consider that the carry trade is coming back into vogue, and this is helping high yielders while hurting the yen. Bloomberg reports on the carry trade in currency trading:

``The yen has come under pressure because risk appetite has been encouraged by the Merrill news,'' said Russell Jones, the London-based head of global fixed-income and currency research at RBC Capital Markets, part of Canada's biggest bank. ``That has calmed some nerves.''
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PermalinkCurrency Trading with the Carry Trade
.Forex trading on the currency market
.http://www.gftforex.com/land/index.asp?aid=446
Topic Tags:  carry trade, currency market, currency trading, forex trading, forex trading strategy, Merrill Lynch cash infustion, yen carry trade
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