What to take away is Dollar's interest rate is so low right now that it is being used as a funding currency for carry trade.
(click to play video; Source: FT)
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Friday, October 02, 2009
In Yen intervention looming?
FT's short view explains why Yen is so strong at the moment and whether an intervention is looming.
What to take away is Dollar's interest rate is so low right now that it is being used as a funding currency for carry trade.
(click to play video; Source: FT)
What to take away is Dollar's interest rate is so low right now that it is being used as a funding currency for carry trade.
(click to play video; Source: FT)
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