Is Dollar Set to Become the New Yen?
Now, some currency watchers say investors are getting tempted into to giving the carry trade another try, only this time investors are considering using the dollar as the base of the trade. That could help explain some of the slide the buck has suffered lately and — if true — it’d likely mean more downward dollar pressure to come.
Is Dollar Set to Become the New Yen?: Part II
We’re not the only ones who’ve noticed the dollar has become a favorite funding currency for carry traders.
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