Carry Trade Rising On Rumors.Summary: The rumor mill is turning over at an amazing a·maze v. a·mazed, a·maz·ing, a·maz·es v.tr. 1. To affect with great wonder; astonish. See Synonyms at surprise. 2. Obsolete To bewilder; perplex. v.intr. pace today. On the back of the Lehman rumors, Washington Mutual “WaMu” redirects here. For the Washington, DC radio station, see WAMU. Washington Mutual (or WaMu; NYSE: WM) is the United States' largest savings and loan association. has joined the fray fray 1 n. 1. A scuffle; a brawl. See Synonyms at brawl. 2. A heated dispute or contest. tr.v. frayed, fray·ing, frays Archaic 1. To alarm; frighten. 2. with talk that the firm... The rumor mill is turning over at an amazing pace today. On the back of the Lehman rumors, Washington Mutual has joined the fray with talk that the firm may be in the sights of JP Morgan. Consolidation in dire times of liquidity and falling revenue forecasts may not sit well with equity traders in the long-term, but for Forex Forex See: Foreign exchange traders this news points to relief for the battered carry trade. With little time left in the active Friday session, traders will certainly keep on top of the financial headlines this weekend to see if they should expect a surprise gap from the USDJPY and other yen crosses Sunday afternoon. 2008 Al Bawaba (Albawaba.com) Provided by Syndigate.info an Albawaba.com company |
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