Global hedge funds are starting to make big returns from borrowing in euros and investing in higher-yielding currencies such as the Australian dollar.
Yen carry trade
The Fed will fix it? We should be so lucky
Heaven help the world’s markets if the US Federal Reserve doesn’t cut interest rates again at its next meeting in four weeks’ time.
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
Rates up, dollar down as the US wobbles
Short term interest rates up, dollar down … US Fed Reserve dumps $7 billion into US banking system … Wall Street falls …
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
