Long position entered at Thursday's closing 1.1025. While Rogers thinks the rebound in the Dollar could last for a while, which is a turn we had been anticipating as well, it is not a trade we would consider at all due to the huge systemic risk involved. I believe the Yen Carry Trade will continue to unwind.
Friday, November 06, 2009
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment