Lucrative foreign exchange trade sustained by low volatility

CalendarMarch 27, 2024
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"The carry trade is often known as picking up nickels in front of steam rollers, but speculators have been picking up bundles of $100 bills over the last year," says Karl Schamotta, chief market strategist at payments company Corpay. "The returns are outstripping virtually everything else."

Read the Reuters article here.

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