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2 pts

Opinion on  CurrencyShares Japanese Yen Trust (FXY)
Bullish on FXY ...

Feb 10, 2008 01:20 PM GMT
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Return Risk
-4.25% MID
Sr. Associate

 


Update 02/22:

  Central banks the world over are destroying the value of money,But the Yen has been battered for so long and the interest rates are so low that there is little that the BoJ can do.I am also waiting for the carry trade to unwind when global asset bubbles pop.


FXY:  This call was made on 02/10/08 @ $93.45
Rating:   Positive   $93.45 (02/10/08)
Closed:   01/12/2009 @ $111.9001 (+19.74% in 336 days)
Target:   in > one year
Allocation:   0.5% of portfolio


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Thomas George previously rated FXY
Positive +2.29% Bullish on FXY ...
01/20/2009
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