MoneyTec.com Traders Community Forum - View Single Post - The Best Postive Carry Trade out there today

novice · 30-10-2003, 06:19

AUD and EUR have been tightly correlated in the past 3 years.

EUR/JPY looks to be in the start of a downtrend, (i.e. weekly EMA down, short term EMA crossed below long term EMA).

Thus AUD/JPY looks likely to decline.

Thus AUD/JPY carry not that good.

What about AUD/CHF carry trade?

30-10-2003, 06:19	#4 (permalink)
novice Super Moderator Join Date: Oct 2003 Posts: 1,222 Rep Power: 0	AUD/CHF carry trade AUD and EUR have been tightly correlated in the past 3 years. EUR/JPY looks to be in the start of a downtrend, (i.e. weekly EMA down, short term EMA crossed below long term EMA). Thus AUD/JPY looks likely to decline. Thus AUD/JPY carry not that good. What about AUD/CHF carry trade?