Quote:
Originally Posted by Firewalker
I should have seen this coming, to be sure. The recession is rippling now into a second wave -- attention is now on the other two major economies, Europe and Japan. Tipped the cart, so the speak.
I am wondering if the carrytrade is longer term looking at a decline in interest if interest rates are going go flat or even decline some. What do you think?
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Actually, I'm going to put the carry trade article together tomorrow. You can check it out on DailyFX. I did an update to some of the figures today though and it doesn't look good (mostly because interest rate differential expectations).
