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POSCO Message Board

  • Novalis_97 Novalis_97 Dec 4, 2009 11:50 AM Flag

    PKX Implosion on Death of Dollar Carry Trade Overnight

    PKX to drop to $110 or so in just a few days as interest rate expectations rise on improvement in employment and kill off the dollar carry trade, which will suck risk money out of the Korean stock market and make the Korean won drop like a rock.

 
PKX
82.66-0.27(-0.33%)Aug 28 4:02 PMEDT

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