â€�Carry Trade’ in Currencies Is Upended


â€�Carry Trade’ in Currencies Is Upended
BY JAMES RAMAGE AND ANJANI TRIVEDI
The Wall Street Journal Europe
12 Mar 2015

Whipsawed by upheaval in the world’s foreign-exchange market, investors are ripping up the rule book on a popular trading strategy. For years, traders big and small had used a tried, and usually true, way to make money: Borrow cheaply in a country…read more…

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