Dollar dips, yen steady after inching near 152 level streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
The dollar index fell on
Wednesday, offering relief to the yen as the increased threat of
currency intervention by Tokyo capped further declines in the
Japanese currency. The dollar. -April 03, 2024 at 04:02 pm EDT
- MarketScreener
Lucrative foreign exchange trade sustained by low volatility | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
An unusual calm enveloping foreign exchange markets is extending the life of a lucrative trade beyond what many had expected. The so-called carry trade, which involves borrowing in a low interest-rate currency to invest in a higher-yielding currency, had been expected to fade as major central banks pivot away from hiking rates toward easing policy. However, a major shift has yet to happen, keeping currency markets calm and the trade, which relies on such stability, an easy winner.
An unusual calm
enveloping foreign exchange markets is extending the life of a
lucrative trade beyond what many had expected. The so-called carry trade, which involves borrowing in a. -March 27, 2024 at 01:00 am EDT
- MarketScreener