Carry Trade
Euro-Yen Carry Trade Tries To Break DXY, Push Market Higher, Fails
Submitted by Tyler Durden on 09/24/2009 12:46 -0500
Something is definitely off here. Usually the market would follow a move in the Yen-Euro carry in lockstep. Not today.
Yen Euro Carry Trade Collapsing, Pushing DXY Higher, Stock To Follow (Inversely)?
Submitted by Tyler Durden on 09/23/2009 10:57 -0500
The Yen-Euro trade just took a sharp turn lower, pushing the DXY higher. Stocks, as usual, are caught in a vortex of vacuum tubes and chasing the VXV in a circular logic argument. Give them some time to catch up.
Carry Trade Now In Driver's Seat Of Entire Stock Market
Submitted by Tyler Durden on 09/11/2009 10:59 -0500
EUR-JPN/SPY chart presented without commentary.
Stocks Dislocate From Carry Trade
Submitted by Tyler Durden on 09/09/2009 10:50 -0500
The quants are on their own today, frontrunning each other to lift whatever offers are available.
Today's market forecast: "A giant carry trade enforced to all asset classes by every quant fund out there"
Submitted by Tyler Durden on 09/09/2009 08:24 -0500"So there you have it: slow painful grind before the storm or a quick reversal. Given that I expect a very sizeable move the other way, I think it is much more likely that with the use of propaganda, revised data, and 10th derivative arguments on the business cycle, the eternal utopists or evil carry-traders will try to hold this status quo and push the market a little further into risk appetite territory before all the retail accounts can get properly wiped out." - Nic Lanoir, ICAP
The 3:30 PM Equity Ramp Courtesy Of a JPY-EUR Carry Trade Near You
Submitted by Tyler Durden on 09/03/2009 14:57 -0500
3:30 pm. To the dot. An underfunded SEC is happy to see computerized HFT tulipmania back in charge of the market.
2 Year Note - No Juice for the Carry Trade
Submitted by Bruce Krasting on 07/28/2009 20:33 -0500The cover rate on today's auction stunk. What rate on this Note would attract the leveraged players? Not 1.08%.
Brazilian real carry trade
Submitted by Tyler Durden on 03/26/2009 14:58 -0500As we have noted before in part 1 of the carry trade series, the carry trade is essentially a negatively skewed asset class as carry traders smooth out the typical fluctuations until liquidity concerns and/or risk appetite decreases and everyone heads for the door at the same time. Below, we have the AUD/JPY spot since 2005:
The Carry Trade (1 of 3): The Zero Hedge view
Submitted by Tyler Durden on 03/23/2009 12:25 -0500 Let's talk about the carry trade. I'll be putting out a 3 part series on the carry trade at a medium level of proficiency (i.e. you don't need to be a finance PhD) and will explain why it's especially pertinent now.
Part I will focus on discussing the Zero Hedge model of the carry trade, the common fallacies out there about the carry trade and the current inefficiencies in the market
