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Ash replied Jul 31, 2007You are absolutley correct. At Given the current situation, I think that everyone is just nervous and want to minimize losses / maximize profits....what do you think?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Ash replied Jul 31, 2007Carry Trade Unwind? — It would seem to me that there is a "flight from risk"?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Ash replied Jul 31, 2007I tend to agree with you. I am a novice when it comes to trading but the market reacts to news and since is the Dow is in the red, I'm thinking we are in for a big plunge (Carry Trades Unwinding).
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Ash replied Jul 31, 2007I'm with you.
Here's why.... American Home Mortgage plunges 87 pct NEW YORK (Reuters) - Shares of American Home Mortgage Investment Corp. (AHM.N: Quote, Profile, Research) resumed trading on Tuesday, plunging 87 percent after the mortgage ...Auslanco - GBP/JPY and GBP/USD (newstrade)