Archive for October 2nd, 2009
Dollar Carry Trade in “Eight Inning” – 552th Edition
The performance of virtually every currency against the Dollar (with the lone, major exception being the British Pound) in the last quarter has been downright impressive. Put another way, the performance of the Dollar has been downright pathetic.
The Dollar’s under-performance is no mystery. While some critics have pointed to long-term weaknesses such as the trade [...]
