The South African rand kept its gains today after the South African Reserve Bank left its main interest rate unchanged at yesterday’s monetary policy meeting to support recovery of the nation’s economy.
Carry Trade News Archive
South African Central Bank Keeps Rates Steady, Rand Maintains Gains
January 20th, 2012 at 7:01
Carry Trade , South African Rand
SA Rand Rebounds on Outlook for Interest Rates
November 22nd, 2011 at 11:24
Carry Trade , South African Rand
The South African rand rebounded today after yesterday’s decline on the speculation the central bank will keep its interest rates unchanged, continuing to draw foreign investors.
Rand Jumps After ECB Cut Rates
November 03rd, 2011 at 15:50
Carry Trade , South African Rand
The South African rand climbed today after the European Central Bank made an unexpected move by reducing its main interest rate.
Australian Dollar Drops on Interest Rates Outlook
September 15th, 2011 at 2:18
Carry Trade , Australian Dollar
The Australian dollar fell today on the speculation the revised method of the inflation calculation will cause the central bank to refrain from raising the interest rates.
Australian Dollar Gets Boost from Carry Traders
June 06th, 2011 at 14:30
Carry Trade , Australian Dollar
The Australian dollar advanced today on the speculation that the poor performance of the US economy will boost carry trades, increasing attractiveness of the currency.
New Zealand Dollar Rises, Signaling Carry Trade Return
April 26th, 2011 at 12:41
Carry Trade , New Zealand Dollar
The New Zealand dollar reached a new a new 3-year high against the greenback today and appreciated against the Japanese yen, showing that the carry trade tendencies are growing stronger now.
Rand Appreciates as Interest Rates Remained Unchanged
July 26th, 2010 at 11:56
Carry Trade , South African Rand
The 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
November 02nd, 2009 at 11:47
Carry Trade , Euro
The 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
January 15th, 2008 at 11:57
Carry Trade , Great Britain Pound
The 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
December 04th, 2007 at 15:43
Carry Trade , New Zealand Dollar
While 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.
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