Excerpt from: Forex Analysis
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| July 08, 2008 | | Carry trade on the FX market | One of the things to remember with Japanese yen forex trading strategy is that risk appetite can play a large role. The carry trade on the FX market is connected in many minds to the Japanese yen, and when it is in force, the yen is weak in FX trading.
Right now, though, the carry trade is unwinding on the FX market. Risk appetite has dropped as stock markets around the world falter, and this means that there is little desire to participate in the risky carry trade. So the Japanese yen is on the rise in FX trading.
| Topic Tags: carry trade, currency trading, forex trading strategy, FX market, FX trading, Japanese yen FX trading, yen forex trading | |
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