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View Full Version : Euro Turns Carry Traders' Favorite in Worst Year Since 2003 - Bloomberg



NewsWhore
07-22-2012, 11:20 PM
Euro Turns Carry Traders' Favorite in Worst Year Since 2003 (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHELpdej6rYx0wyuQpQcs-zNPTMzA&url=http://www.bloomberg.com/news/2012-07-23/euro-turns-carry-traders-favorite-in-worst-year-since-2003-1-.html)
Bloomberg
While above a lifetime average of about $1.21, the 17- nation currency is at the lowest level since 2003 on a trade- weighted basis, according to a Deutsche Bank AG index that includes the yen, pound and Swiss franc. The European Central Bank's July 5 ...

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