Sunday, March 09, 2008 10:47:35 PM
Yen Carry-trade, USD, $WTIC and US market are inter-related
As Yen ran from X-mas low @87 to now 98, Q and USD are dropping from 53 to 42 and 77 to 72 respectively in the same period. Since USD is getting weaker, OPEC use that excuse to sell their oil at all time high of 105
http://www.wtrg.com/daily/crudeoilprice.html
http://zfacts.com/p/196.html
http://www.moneyweek.com/file/9351/what-is-the-carry-trade.html
http://seekingalpha.com/article/26766-why-the-yen-carry-trade-carries-on-some-more
#msg-27456027
As Yen ran from X-mas low @87 to now 98, Q and USD are dropping from 53 to 42 and 77 to 72 respectively in the same period. Since USD is getting weaker, OPEC use that excuse to sell their oil at all time high of 105
http://www.wtrg.com/daily/crudeoilprice.html
http://zfacts.com/p/196.html
http://www.moneyweek.com/file/9351/what-is-the-carry-trade.html
http://seekingalpha.com/article/26766-why-the-yen-carry-trade-carries-on-some-more
#msg-27456027
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