Investors Forum |
A community of New Zealand investors |
02-03-2008
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,579
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Carry traders giving up
It was fun while it lasted, but the carry trade - maybe the world's biggest leveraged bet - is rapidly fading from the scene.The practice of borrowing in currencies with low interest rates, such as the Japanese yen or Swiss franc,...
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