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Wednesday, 2 January 2013

DailyFX - Forex Market News: Guest Commentary: Is the Carry Trade Back? NZD/JPY is the winner of 2012

DailyFX - Forex Market News
Forex Market News
Guest Commentary: Is the Carry Trade Back? NZD/JPY is the winner of 2012
Jan 2nd 2013, 13:59

The biggest mover of 2012 was NZD/JPY – a currency pair that was the classic carry trade before the financial crisis broke out, when New Zealand offered an interest rate of over 8%.

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