FX Radio: Carry Trade Suffers on Dow Tumbles, Tokyo to Extend Losses?

Click Link to Listen to our Evening DailyFX Radio PodCast:
http://media.dailyfx.com/podcasts/FXRadioPM082807.mp3

Key Points

  • US Dollar remains unchanged on FOMC, stock markets tumble on fear

  • Forex markets likely to remain driver by risk aversion trends, but Thursday’s US GDP data could shake things up

  • Be sure to view the rest of the week’s event risk on the DailyFX Forex Calendar
    To discuss these or any other FX topics with the DailyFX analysts, check out the Forum

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David Rodriguez Terri Belkas