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Forex Flash: Carry trade returned to markets – TD Securities

By FXstreet.com,  January 14, 2013, 09:51:00 AM EDT

FXstreet.com (Barcelona) - Equities and commodities press higher, but the reaction in FX land is not entirely of the classic 'risk on' nature, according to TD Securities analysts: high yielders (such as commodity currencies) being the outperformers and low yielders (such as the CHF and the JPY) being the underperformers, "suggesting a return of the carry trade may be the clearest trend this morning", conclude analysts Shaun Osborne and Greg Moore, pointing to Fed Bernanke's speech later today as the main focus, while disappointing EMU and Italy industrial production being ignored by investors.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks:



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