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View Full Version : Draghi Cuts Make Euro Favorite for Carry Trades - Bloomberg



NewsWhore
01-22-2012, 02:26 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEwlvrYAZsF27yPN6N9cOPl8EVqWw&url=http://www.bloomberg.com/news/2012-01-22/draghi-makes-euro-favorite-for-most-profitable-carry-trades-with-rate-cuts.html)


Draghi Cuts Make Euro Favorite for Carry Trades (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEwlvrYAZsF27yPN6N9cOPl8EVqWw&url=http://www.bloomberg.com/news/2012-01-22/draghi-makes-euro-favorite-for-most-profitable-carry-trades-with-rate-cuts.html)
Bloomberg
Betting against the euro may be the most profitable trade in the foreign-exchange market as policy efforts to stave off a European recession debases the currency. Borrowing in euros and investing in the currencies of Australia, Brazil, Mexico, ...

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