Comments for FXY - Stockpickr! Your Source for Stock Ideas

Comments for FXY

Added By	Comments	Type	Date Added
stockerblog	a year to date return of 4.80%.	Love	August 11, 2008
mcrae100	Betting on the unwinding of the Carry Trade	Love	November 18, 2007
nickish	JAPANESE YEN	Love	September 13, 2007
JRSYKIND	Pro Japan Yen ETF; Play on unwind of carry trade	Love	August 09, 2007
GlobalMacro	I actually have a leveraged JPY position in a Forex account, but FXY tracks the Yen, so here it is.	Love	August 04, 2007
Sorceress Sarah	The resulting unwinding of the Yen carry trade could result in an explosive move in the Yen. I want to be long Yen.	Love	July 27, 2007
todzilla	Dollar will get weaker, Yen at all time low.	Love	May 26, 2007
Yaser Anwar	JAPANESE YEN	Love	May 13, 2007
zmelli	CurrencyShares Japanese Yen Trust (FXY)	Love	May 06, 2007
casino_market	Yen going up against dollar	Love	March 12, 2007
jmydlandevans	japanese yen	Love	March 07, 2007
paul simenauer	In many ways, the Yen is possibly the world's most undervalued currency. It has been pushed down even farther by carry trades put on by speculators all over the world, and especially by hedge funds, through use of currency futures or currency foward swaps. The carry trade makes sense if one assumes that the yen will stay weak. However, having established that it is extremely undervalued, this may not be a great assumption to make. What is occuring here is a distortion of reality. The more people who enter into the carry trade, the farther the Yen falls, increasing the distortion. Market participants are chasing this trade without regards for fundamental reality. Any increase in volatility, which has been calm as of late, may cause a serious undwinding of positions. I believe it is an excellent time to go long the Yen.	Love	February 23, 2007