Relevant:
- Yen Rises as Stock-Market Declines Spur Cuts in Carry Trades
- FOREX-Yen jumps as equity weakness prompts carry unwind
- Trend of gold as store of wealth 'may start to snowball'--ScotiaMocatta
- Yen Gains as Carry Trades Pared, Qatar Plans to Invest in Asia
- Yen Gains Most in 10 Weeks as Investors Reduce Carry Trades
2009-11-09 — market-ticker.org
" The U.S. currency dropped against 12 of its 16 major counterparts as the International Monetary Fund said traders are probably using the dollar to fund so-called carry trades around the world and it may still be overvalued."
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