Article courtesy Bloomberg. Note the reference to the aftermath of LTCM on carry trades.
http://www.bloomberg.com/apps/news?p...refer=currency
I can't vouch for Mizuho's accuracy, but the article makes some good points.
http://www.bloomberg.com/apps/news?p...refer=currency
I can't vouch for Mizuho's accuracy, but the article makes some good points.