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TRY/JPY correlation. $40 USD per day TRY/JPY correlation. $40 USD per day
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Old 09-29-2007, 07:20 PM
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TRY/JPY correlation. $40 USD per day
taking a long position for TRY/JPY will get you $40 a day in interest. That is 1200 USD per month.

Does anyone have any idea about another per which can be hedged against the TRY/JPY so that one does not lose if TRY/JPY went down?

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Yanni
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Old 09-30-2007, 12:13 AM
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anyone knows of a broker who has try/jpy pair
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Old 09-30-2007, 12:44 AM
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Originally Posted by jgerousis View Post
anyone knows of a broker who has try/jpy pair
MIG with a spread of 15 PIPs
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Old 09-30-2007, 12:53 AM
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If you google for TRY/JPY, there's a guy that will show you how to hedge.
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Old 10-01-2007, 04:13 PM
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How much is the deposit to get $40 per day ?

Nic
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Old 10-02-2007, 01:49 PM
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How much is the deposit to get $40 per day ?

Nic
This has no relation with deposit. You can have 100,000 or 1 M or even 20000, the important thing is you buy 1 whole lot (long position).

What we need is hedge against that position so we do not lose its rate falls.

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