http://forex.gftforex.com/public/blog/119244Choosing to invest in a global economy <P>Investing across financial borders.</P>en-usCopyright (C) 2006 Global Forex Trading--All Rights Reserved -- This channel is part of the GFT Forex Blogsite(tm)--powered by MySmartChannels(tm).Sun, 19 Mar 2006 14:33:38 -0500Mon, 01 Dec 2008 09:02:40 -0500MySmartChannels V3.0 (MyST Web Service Platform V5.00.1125)http://forex.gftforex.com/styles/blogsite/GFTForex/images/rss.jpg3188http://forex.gftforex.com/public/blog/119244Forex Resources. Worldwide ForexGlobal investingGlobal investmentsGlobal market investingInternational investingInvestment http://forex.gftforex.com/public/item/219242Impending rate cuts support yen on the FX market<font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">The <a href="http://www.fxstreet.com/technical/market-view/daily-analysis/2008-12-01.html" target="_blank" title="Japanese yen currency trading, currency trading, FX market, yen FX market, carry trade, rate cuts, risk aversion">Japanese yen is rising in currency trading</a> on the FX market as risk aversion plays its part. With the <a href="item/219240" target="_blank" title="Japanese yen currency trading, currency trading, FX market, yen FX market, carry trade, rate cuts, risk aversion">ECB and the BoE set to lower rates</a> this week, the carry trade is being shunned.</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 yen should receive support soon from the fact that the Australian and New Zealand central banks are expected to ease policy as well. This will further dilute demand for the risky carry trade.</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;">Japanese officials are so concerned about the yen in currency trading that they are planning to hold an <a href="http://money.cnn.com/2008/12/01/news/international/Bank_of_Japan.ap/index.htm" target="_blank" title="Japanese yen currency trading, currency trading, FX market, yen FX market, carry trade, rate cuts, risk aversion">emergency meeting </a>to try and figure out what to do.</span></font><br /><h3>See Also</h3><ul><li><a href="http://www.gftforex.com/land/index.asp?aid=446" target=%quot;_blank%quot;>Japanese Yen in Currency Trading</a><br/>Major currencies on the FX market</li></ul>http://forex.gftforex.com/public/item/219242Mon, 01 Dec 2008 09:02:40 -0500 carry tradecurrency tradingFX marketJapanese yen currency tradingrate cutsrisk aversionyen FX market