» Australian Dollar and Forex Trading Strategy

Risk appetite brings back carry tradeThings have been a bit choppy on the currency market, and this has been leading to some interesting situations. Right now, risk appetite is making a bit of a comeback on hopes for the US dollar, and this is benefiting other currencies. Bloomberg reports on the carry trade and risk appetite:

With the Japanese yen carry trade back in place, the Australian dollar is gaining in forex trading. Strategy should consider that when risk appetite is in vogue, the risky carry trade is as well, benefitting high yielders like the Australian dollar.

See Also

• Australian Dollar and Forex Trading
  Risk appetite and the currency market

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This entry was posted on Tuesday, May 13th, 2008 at 14:28 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.