A lot of it is carry trade related and most people would not have borrowed JPY,
To buy some speccy shares in Oz. so will not need to sell to Cover....
But for sure some other markets may be effected as in a lot of it would be in US Stocks,
So that will likely be a factor there.
Fairly likely some of our larger more stable caps,
Would see some people needing to sell to cover,
But really most carry Trade JPY related action would probably not be in the ASX Spec end of town,
So it's more of an overall thing related to carry trading really, IMO....
- Forums
- ASX - Day Trading
- Day traders' after-market lounge August 5
Day traders' after-market lounge August 5, page-51
Featured News
Featured News
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online