Yen Holds Near One-Week High as Investors Unwind Carry Trades
Gosh - when did you read about that here? Oh - about two weeks ago. Now I wonder how long it will take CNBC to pick up on it.
This morning the Yen has been tracking sideways. The futures are up and Europe is up and not failing so maybe we will have a good day.
Tracking the Yen - who would have thought of that?
2 comments:
I prefer XLE for oil (greatest liquidity) and GLD for tracking the metal itself. But I really like playing the miners when the metal turns up.
The yen is dead.
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