Is Japan About to Implode the $10 Trillion USD Carry Trade?
By: Graham Summers
GoldSeek.com
Thursday, 1 December 2016
It is said that history has a sense of irony. The latest US election is not an exception.
Consider the following…
1. Donald Trump campaigned aggressively on trade… particularly his opposing of the fact that the US gets taken advantage of by foreign nations via bad trade deals.
2. Trump wins the Presidency on November 8, 2016.
3. US trade gets royally screwed in the currency markets.
This is not conspiracy theory. Since Trump won the Presidency, Japan has absolutely SHREDDED the Yen relative to the $USD. In a mere three weeks, the Yen/ $USD pair has collapsed an astounding 12%.
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