During the second half of 2009, the apparently endless and prolonged slide of the once mighty greenback against most of the other major currencies was primarily attributed to the Federal Reserve’s near-zero interest rate policy. The relatively cheap dollar funding has led to an escalation of the carry trade, where investors were borrowing USD and […]
EUR:USD – The Sultan Of Swing
26 martie 2010, 05:46
Ultima modificare în 26 martie 2010, 07:46
During the second half of 2009, the apparently endless and prolonged slide of the once mighty greenback against most of the other major currencies was primarily attributed to the Federal Reserve’s near-zero interest rate policy. The relatively cheap dollar funding has led to an escalation of the carry trade, where investors were borrowing USD and [...]