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Currency Trading: Carry Trade Crisis Looming?

Started by tfn · 1 year ago

‘In 1998, there was a massive yen carry trade going on. Interest rates were a half percent in Japan… The institutions were all pouring in borrowing the yen in order to buy the emerging market countries. Then we had the Asian financial crisis and a real deleveraging. At the time, […]SHARETHIS.addEntry({ title: "Currency Trading: ... Continue reading »

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