DislikedGood day all
If I am right, it's the end of cary trade
What do you think? Is it possible?
Yen is heading 109 then 101.69 by the end of October 2008
I have attached 3 charts of the mentioned 3 pairs and the major trendline can be seen on each chart. Only the violation of such trend lines can make you worry about the carry trades. Other wise, everything is going fine...