212269 Resource 119244 120646 120646 1220618618075 1220618741742 Controlled Japanese Yen Gains in Forex Trading Carry trade continues to unwind on the FX market <font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">The Japanese yen is gaining in forex trading this morning. Most of the yen's gains are coming from the fact that the carry trade continues to unwind on the FX market.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">Worries over <a title="euro forex trading, Japanese yen forex trading, carry trade, FX market, forex trading, currency trading, U.S. dollar currency trading, U.S. dollar, recession" target="_blank" href="http://www.allbusiness.com/banking-finance/personal-finance-personal-debt/4974275-1.html">recession</a> in the U.S. and Europe -- and the rest of the world -- have investors risk averse and rushing to exit this volatile forex trading strategy. Indeed, the <a title="euro forex trading, Japanese yen forex trading, carry trade, FX market, forex trading, currency trading, U.S. dollar currency trading, U.S. dollar, recession" target="_blank" href="http://www.fxstreet.com/technical/market-view/daily-analysis/2008-09-05.html">euro is at its lowest level in more than a year in forex trading </a>against the yen.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">Additionally, the <a title="euro forex trading, Japanese yen forex trading, carry trade, FX market, forex trading, currency trading, U.S. dollar currency trading, U.S. dollar, recession" target="_blank" href="http://www.bloomberg.com/apps/news?pid=20601083&sid=aOEAM2GYpIcw&refer=currency">U.S. dollar is faltering in currency trading</a> against the yen.</span></font><br /> 9 application/xml false carry trade currency trading euro forex trading forex trading FX market Japanese yen forex trading recession U.S. dollar U.S. dollar currency trading Japanese Yen in Forex Trading Currency trading on the FX market http://www.gftforex.com/land/index.asp?aid=446 More on the Carry Trade and the Euro Unwinding carry trade on the FX market http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/carry-unwind-hurts-euro-2008090558934/ Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.1) Gecko/2008070206 Firefox/3.0.1 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119244 blog blogsite/GFTForex/web