Dollar pulls back as carry traders profit
Story date: 2007-10-13 04:08:00
Added on: 2007-10-13 22:00:07
The Australian - Carry traders usually sell low-yielding currencies like the Japanese yen for high interest rate currencies such as the ... While, many economists still believe that the Reserve Bank of Australia could lift rates in November, pending the third ...
Read more...
Related Stories:
-
Dollar closes stronger, but struggled to rally
News.com.au - THE dollar closed stronger today but struggled to maintain a sustained rally as fears of more sub-prime mortgage losses ......
2007-11-29 11:59:00 -
Australian dollar ends firmer after labour data
News.com.au - Carry traders who sell the low-yielding Japanese yen during times of heightened risk appetite dumped the high interest rate dollar...
2008-03-13 01:12:00 -
Forex - US dollar mixed vs major currencies as risk appetite grows
Forbes - Carry trading is a strategy where investors sell low-yielding currencies to buy currencies yielding higher interest rate. Noonan said he...
2007-10-07 05:56:00 -
Yen Rises Against Euro as Carry Trades Pared on Global Slowdown (Bloomberg.com)
Aug. 1 (Bloomberg) -- The yen rose to a two-week high against the euro as faltering global growth and a slump in...
2008-07-31 10:47:43 -
A Sharp Reversal Threatens The Rebound In The Carry Trade And Risk Appetite (Daily FX)
A sharp drop in high-yielding currencies and equities over the past few days may have sabotaged a crucial rebound in risk appetite...
2008-07-25 05:05:15 -
Yen Rises as Traders Pare Carry Trades on Credit-Market Losses (Bloomberg.com)
Jan. 11 (Bloomberg) -- The yen rose against all but one of the world's 16 most-active currencies as signs credit-market losses are...
2008-01-11 02:17:01 -
Yen Falls for a Second Day as Stock Gains Spur Carry Trades (Bloomberg.com)
Nov. 14 (Bloomberg) -- The yen fell for a second day against all 16 of the most-actively traded currencies as a rally...
2007-11-13 11:28:51 -
Volatility Lifts Hedging Costs and Dims Carry Trade (Update1)
Bloomberg - The Federal Reserve cut its benchmark interest rate a quarter-percentage point that day to 4.5 percent, after a half-point rate...
2007-11-20 02:27:00
