December 24, 2015 BY Mike Fox

FX carry trade didn't work in 2015

CNBC analysts were discussing yesterday another disappointing a year for the FX carry trade. In the case 2015, the currency carry trade, which attempts to profit from global differences among interest rates, saw its worst year since the 2008 financial crisis, according to Deutsche Bank. In 2015, traditional carry trades got hit, as higher interest rate…

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