Yen rally recently because investers unwind carry-trade.
US$ rally against other major developed currency except for Yen because $ is deemed safer in current global credit crisis and also because US company deleverage oversea investment and hold $ which shore up $ demand.
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luzz (2008-10-13 15:02:23) 评论 (1)Yen rally recently because investers unwind carry-trade.
US$ rally against other major developed currency except for Yen because $ is deemed safer in current global credit crisis and also because US company deleverage oversea investment and hold $ which shore up $ demand.