Hi fellow traders,
Looks like the recent carry trade bubble just bursted. Oh well.
Ready for pumping up the next one ?
Considering August's eur/jpy high of 170 and the current xrate of 124 I just can't wait for the trend to turn again.
What do you think when it will happen? Next week or rather next month?
I am anyway convinced that it will happen eventually since there always is a demand for easy money and that's what carry trading is.
Pete
Looks like the recent carry trade bubble just bursted. Oh well.
Ready for pumping up the next one ?
Considering August's eur/jpy high of 170 and the current xrate of 124 I just can't wait for the trend to turn again.
What do you think when it will happen? Next week or rather next month?
I am anyway convinced that it will happen eventually since there always is a demand for easy money and that's what carry trading is.
Pete
