The high stakes trade that can move entire currencies 

May 16, 2024
The “currency carry trade” is one way investors chase returns by moving their money from one country to another, and it can move currency markets. It’s emblematic of the power of interest rates to slosh money around the globe, and it may be growing. 
Currency carry trade is a particular type of bet that investors make when they think they can earn more money in one country than in another.
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