| Sep 2 2010, 21:30:52 GMT | Sydney: | 07:30 | Tokyo: | 06:30 | Barcelona: | 23:30 | London: | 22:30 | New York: | 17:30 | San Francisco: | 14:30 |
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If economic stimulus takes hold, risk aversion will decrease, and a renewal of the carry trade may be seen. Indeed, as financial markets around the world stabilize, risk appetite is likely to grow.
Another issue is that the Japanese government does not approve of the yen's appreciation in FX trading. Even though other countries are encouraging the yen to stay out of the FX market, the government is considering intervention. (Although, if the yen can drop on its own, due to other factors, the Japanese government may yet stay out of it.)
All in all, it looks to be an interesting year for the yen on the currency market.
See Also
- Japanese Yen on the Currency Market
FX trading with world currencies
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