During the last few weeks of topsy-turvy price movements I've been playing it safe. I like to buy carry trade pairs, but they've been heading down a lot.Now, the big question, when will things start to turn around? A few of the pairs are getting into historically low valuations. For example, take a look at the GBPJPY pair on google finance -- click the 5yr option when it loads.Sure, we could
Forex Turmoil: Still On The Sidelines
Sunday, August 31, 2008
Label: carry, fundamentals, gbpjpy, talk