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NewsWhore
06-28-2011, 03:40 PM
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Investors Should Use Currency Mix in Carry Trade, Nomura Strategists Say (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF76jfaoCTWrfdwbDIa3wiib2nSQg&url=http://www.bloomberg.com/news/2011-06-28/investors-should-use-currency-mix-in-carry-trade-nomura-strategists-say.html)
Bloomberg
“Even the relatively simple strategy of picking a funding currency based on the lowest deposit rates outperforms funding purely in dollars and yen historically.” The euro gained 0.5 percent today to $1.4362, while the yen fell 0.4 percent versus the ...

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