The yen carry trade lives another day and our stance remains that it will stick around for some time in spite of any short-term noise. The Bank of Japan could raise interest rates as early as August. Notice the latest meeting vote was unanimous. It is extremely unlikely it will hike next month. A quarter-point […]
Nikkei Rallies, Hits 18,000 Intra-day as BoJ Holds at 0.5%, Yen Falls
June 15th, 2007 · No Comments
Tags: Market Summary
