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Carry trade in a coal mine

Discussion in 'Market News' started by ForexLive, Dec 9, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    The carry trade is imploding The South African rand just fell almost 5% in an hour. USD/ZAR is at an all time high but the selling may have been sparked by the breakdown in ZAR/JPY as it cracked the September lows.

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