“Dollar carry trade” does not pose risks 21/11/2009
Posted by chrisdshaw in FX.trackback
BNP’s Hans Redeker argues that the so-called “Dollar carry trade” is nothing of the sort. Instead, non-leveraged US Dollar liquidity is currently driving the markets, reducing the threat of any meltdown in asset markets if current levels of risk appetite or US interest rates rise.
Brave New World 
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