Strauss

A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt to profit from the interest rate differential. This is also known as “rollover” and forms an integral part of a carry trade strategy. Traders gravitate towards this strategy in

If you are cooking something and you check on it and you see that it is “overdone”, what is your immediate reaction? Exactly…you take the dish out of the oven. Remove it from what caused its current overdone state and the sooner the better. What if your car’s engine is “overheated”? Same deal…you do

Mark up your calendar for the BoC announcement on 10 July, due at 1400GMT Its a near unanimous expectation that there will be no change to the cash rate, on hold at 1.75% But, the focus lies in the release of the Bank's Monetary Policy Report, which will include its latest projections for the econ

Daily thread to exchange ideas and to share your thoughts Happy Monday, everyone! Hope you all had a great weekend and that you're all primed for the new week. It's been a quiet start to the day with little movement among major currencies with risk assets in general looking a bit more subdued.   Th