Foreign Exchange Markets Experience Unusual Calm Leading to Prolonged Lucrative Opportunities
Wednesday, 27 March 2024, 05:00
Sustained Lucrative Foreign Exchange Trade Amid Low Volatility
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…
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