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There has never been a central bank intervention that stopped the rally or
fall of a currency for an extended period of time. How many times did they
intervene to stop the fall of the yen. It didn't work either. They just
don't have enough money. If you want a really bullish scenario on the yen,
look at the monthly continuation chart from the 74 low. Ira
Mervin Yeung wrote:
> HI RTs,
>
> Some thoughts on "Carry Trade":
>
> "
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