ForexTradingJunction.com

We provide FREE information to help you learn how to trade the forex!

ForexTradingJunction.com header image 1

Forex Trading Strategy: Japanese Yen

September 4th, 2008 · No Comments

Carry trade unwinds on FX marketForex trading strategy for the Japanese yen should consider that it has made solid gains against the other majors this morning. Indeed, as risk aversion grows, the carry trade is unwinding on the FX market.

However, the gains may not last in some areas. The Australian dollar is expected to see some gains in the near future, and that should put the carry trade -- at least with some currencies -- back in vogue.

Other Asian currencies are also gaining right now in FX trading.

See Also

Tags: Main Content

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Comment