Mid-Day Forex Technical Report - Massive Carry Trade Comeback on Stock Rally |
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Action Insight Mid-Day Report Massive Carry Trade Comeback on Stock Rally Carry trades finally make a massive come back on another as stock markets soars for another day. DOW opens sharply higher and reaches as high gain more than 400 pts following announcement of US Government's market rescue plan and banning of short selling of nearly 800 financial stocks. Yen crosses finally get out of hesitation and surged sharply across the board, confirming a short term reversal. While the greenback
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