Possible Ramifications of the Yen Carry Trade Unwinding

REMINDER: Don’t forget to enter Round #5 of the Money Movie Giveaway - you could win a copy of “Casino” or the original “Ocean’s Eleven” on DVD! Click here for more details - free to enter, contest ends October 31st, 2008. Yesterday’s post described the Carry Trade, and specifically the pesky Yen Carry Trade which is currently being unwound. I suggest reading that post before continuing with this article. Possible Ramifications We discussed how borrowing Yen on the cheap and investing the pr
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