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.
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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
Analysis-Lucrative Foreign Exchange Trade Sustained by Low Volatility usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
The $465 Million Trump Judgment and the Eighth Amendment floppingaces.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from floppingaces.net Daily Mail and Mail on Sunday newspapers.