Safe Trading Blog

Yen has tested a major resistance last week @ 100 for $XJY… It is nothing else that a 13y record: good shot! and for those who follow our blog, it is not a surprise as “carry-trade” is part of this big party that finance has now to pay back.

 This is obvisouly not good for stocks, especially for NIKKEI…

This entry was posted on Monday, March 17th, 2008 at 9:13 am and is filed under Commodities, Forex, Stock Code Trading, US Markets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.