aussie hammered atm, page-5

  1. Heremes
    4,005 Posts.
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    08/10/08
    19:54
    Post #: 4361343
    carry trades are being unwounded...this could take awhile...lots of money leaving australian coffers as its yield has been decimated. the unwinding of positions has only just begun back to 50c we go. careful of the aussie.
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