BOJ behavior, Yen carry trade, and the future of the US dollar.
BOJ behavior, Yen carry trade, and the future of the US dollar.
(10/11/2007 12:00:00 AM)
As the BOJ is not ready to raise rates, the Yen-funded carry trade will remain intact. US Dollar momemtum on the upside remains weak as positive figures from the Euro-zone help push inflation concerns off the discussion table. Will retail sales today help the greenback?
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