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The carry trade has gone out of fashion

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: The FT quotes an analyst speaking of the Swedish Rikbank move deeper into negative territory that it’s a sign of desperation. We might say the same thing of the BoJ, whose move into negative deposit rates on new reserves, modest though it was, set off a wave of selling of Japanese assets. Even the calm demeanor of Fed chief Yellen did not disguise the core message—global market turmoil threatens US growth. The seemingly logical deduction from that message is that the Fed remains on

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