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University of Michigan

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Al Bawaba
November 23rd, 2006 - 01:59 GMT

Carry Trade Liquidation Hits the US Dollar

**Next Publication on Nov 24th<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /> · Carry Trade Liquidation Hits the <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /> US Dollar · Euro Eyes 1.30, Looks Ahead to IFO · Japan ese Yen Soars Despite Cabinets Downgrade of Economic Assessment US Dollar Traders banked their four day rolls at the close of business yesterday and began a massive liquidation out of carry trades ...
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