Tuesday, September 23, 2008

Shuffle Off To Buffalo

Is it just me or are the Yen based carry trades in stasis?

I might be daydreaming, but it seems to me that the markets are just going to wait around until they find out what happens with the 700 billion bailout program.

Have you looked at the 1 hour AUDJPY or GBPJPY? Unbelievable!

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