‘Carry Trade’ News Archive

Rand Appreciates as Interest Rates Remained Unchanged

Monday, July 26th, 2010

South African randThe South African rand extended its rally today for the fifth day as the prices for platinum and gold rose and the central bank kept the benchmark rate unchanged.

Euro Grows Against Yen on Economical Optimism

Monday, November 2nd, 2009

EuroThe European currency surged against the Japanese yen and the other major Forex-traded currencies today as the traders reacted to the signs of the global economy recovery with buying high-yielding assets and currencies financed by relatively cheap loans in USD and JPY.

GBP at Lowest Level Against JPY in 17 Months

Tuesday, January 15th, 2008

Great Britain PoundThe Great Britain pound today reached its lowest value against the Japanese yen since 11th of July, 2006, continuing the strong bearish trend that has started during early November 2007.

New Zealand Dollar – Victim of Carry Trade

Tuesday, December 4th, 2007

New Zealand dollarWhile the Japanese yen is surely a benefiting currency when it comes to the carry trade panic, some currencies feel extremely bearish at the times of global financial instability and other factors that bring down risk appetites. New Zealand dollar is one such currency.

Future of Carry Trade – U.S. Dollar

Monday, November 26th, 2007

U.S. DollarU.S. dollar is likely to replace Japanese yen on the carry trade arena as the short currency. According to the currency pairs yield analysis, Great Britain pound, Brazilian real and Hungarian forint combined made over 17% against dollar this year, while buying those currencies against yen yielded only 9%.

Yen Falls on Risk Hungry Markets

Tuesday, November 20th, 2007

Japanese yen restarted its falling against other world currencies today (even against the dropping dollar) as the risk hungry investors begin to reenter carry trades. While the Nikkei 225 index gained a little more than 1 percent — first rising day after four consecutive losing days, Yen lost more than 1 percent of its value to the high-yielding currencies.


Follow Top Forex News on Twitter Don't show me this offer ×