Trading foreign exchange carry portfolios

Foreign exchange carry trades involve buying high yielding currencies while selling low yielding currencies. Contrary to the implications of the uncovered interest parity condition, carry trades have generated consistent profits in the past decades. As foreign exchange has gained increased relevance...

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Bibliographic Details
Main Author: Bertolini, Lorenzo
Published: City University London 2011
Subjects:
332
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.539240