Recap: Carry Trade Unwind Continues. Yen Surges versus High Yielder.
The theme of risk aversion continues from Friday's session as investors are pulling their money out of high yielder such as the Pound and the commodity block of currencies, and buying the Yen. This flight from carry trade is causing increased volatility in the forex markets.
Tuesday, November 13, 2007
Daily Forex Market News
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