Japanese Yen in Currency Trading

214431 Resource 128460 120646 120646 1224074815206 1224074815206 Controlled Japanese Yen Gains in Currency Trading

Carry trade continues to unwind on the forex market

The Japanese yen is gaining in currency trading on the FX market this morning. As <a href="http://www.marketwatch.com/news/story/us-stock-futures-lower-before/story.aspx?guid={682E60CA-D445-486E-803E-BE2BDB269F4B}&dist=TNMostRead" target="_blank" title="yen forex trading, yen currency trading, carry trade, forex market, FX market, curency trading FX market, risk aversion, trade forex market">stock market bears</a> emerge this morning, the carry trade unwinds on the forex market. Because the carry trade is a risky trade, it is no surprise that falling equities are resulting in an environment of risk aversion. This is leading to gains by the yen in forex trading. <a href="http://www.fxstreet.com/technical/market-view/daily-analysis/2008-10-15.html" target="_blank" title="yen forex trading, yen currency trading, carry trade, forex market, FX market, curency trading FX market, risk aversion, trade forex market">FX Street reports on this morning's currency market</a>: <div style="margin-left: 40px; font-family: verdana,arial,helvetica,sans-serif;">The Yen gained broadly on Wednesday morning as investors showed concern that the credit crunch is reaching well beyond the financial sector, and might lead the global economy to a sharp slowdown. The carry traders were quick to close their sell position against the yen adding to its positive momentum.</div> 9 application/xml false carry trade curency trading FX market forex market FX market risk aversion trade forex market yen currency trading yen forex trading Japanese Yen in Currency Trading Trade on the forex market http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.3) Gecko/2008092414 Firefox/3.0.3 127.0.0.1 127.0.0.1 mmarquit 66.182.71.19 false true false false true 128460 blog blogsite/GFTForex/web