Japanese Yen Forex Trading

197039 Resource 119232 120646 120646 1202734772921 1202734772921 Controlled Japanese Yen Gains in Forex Trading

Unwinding carry trade boosts the yen in currency trading

The Japanese yen is gaining in forex trading this morning. The carry trade is unwinding as risk aversion remains a concern in currency trading on the FX market. With worries of a <a href="http://www.allbusiness.com/banking-finance/personal-finance-personal-debt/4974275-1.html" target="_blank" title="Japanese yen forex trading, forex trading, yen currency trading, currency trading, US recession, FX market, carry trade, risk aversion" style="font-family: verdana,arial,helvetica,sans-serif;">US recession </a>continuing, the Japanese yen is expected to continue to gain in forex trading. <a href="http://www.bloomberg.com/apps/news?pid=20601083&sid=a1njPxauOAH0&refer=currency" target="_blank" title="Japanese yen forex trading, forex trading, yen currency trading, currency trading, US recession, FX market, carry trade, risk aversion" style="font-family: verdana,arial,helvetica,sans-serif;">Bloomberg reports on the yen in currency trading:</a> <div style="margin-left: 40px; font-style: italic; font-family: verdana,arial,helvetica,sans-serif;"> ``We still haven't gone past the period of risk aversion and the carry trade is coming under pressure,'' said Niels From, foreign-exchange strategist in Frankfurt at Dresdner Kleinwort, the investment bank owned by Allianz SE, Europe's biggest insurer. ``The yen could strengthen somewhat.''</div> 9 application/xml false carry trade currency trading forex trading FX market Japanese yen forex trading risk aversion US recession yen currency trading Japanese Yen Forex Trading Currency trading on the FX market http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.8.1.12) Gecko/20080201 Firefox/2.0.0.12 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119232 blog blogsite/GFTForex/web