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Has Australia’s Rate Cut Put the Carry Trade at Risk? | |
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May 02, 2012 The Australian dollar carry trade, popular among investors to cash in on the interest rate differential between countries, is losing its appeal following the Reserve Bank of Australia’s (RBA) interest rate cut, say forex strategists, who expect further policy easing by the central bank this year. Source: http://www.cnbc.com/id/47258654?__source=RSS*tag*&par=RSS |
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