Forex Radio: Global Equity Markets Collapse, Triggering Huge Moves in the US Dollar and Carry Trades

Published January 22nd, 2008 - 02:16 GMT
Al Bawaba
Al Bawaba


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http://media.dailyfx.com/podcasts/FXRadioPM012108.mp3

Key Points

· Carry Trades Collapse on Equity Market Weakness

· Funds Flow Back into US Dollar as Risk Aversion  Rises

· Bank of Canada Expected to Lower Interest Rates, What Will This do To USD/CAD?

· Bank of Japan Interest Rate Decision Expected to be Non-Event

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By  Kathy Lien, Chief Strategist of DailyFX.com