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Tom Van Geert - Articles

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    A Profitable Forex Carry Trading Strategy Revealed

    Basically, the carry trade involves going long a high-yielding currency against a low-yielding and is a popular strategy among long term forex traders because they can earn interest on a daily basis. Carry traders love the yen crosses due to the very low JPY interest rate, for example, the GBP/JPY or EUR/JPY cross currency pairs. Carry trades are typically held for several weeks, month, or even years. Read: A Profitable Forex Carry Trading Strategy Revealed Read

    By: Tom Van Geert | 20/07/2007 | Currency Trading
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