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View Full Version : NZ Dollar May Fall; Outlook for Lower Rates Curbs Carry Trade - Bloomberg



NewsWhore
09-03-2007, 06:10 PM
NZ Dollar May Fall; Outlook for Lower Rates Curbs Carry Trade (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaIUFmNb4DQaw%26refer%3Daustralia&cid=0&ei=r4XcRqssi8LSAZ3VmKAI)
Bloomberg - 14 minutes ago
The currency has been a favorite for the trade, where funds borrowed cheaply in yen are invested in countries offering higher yielding assets. ...



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