I keep reading about this thing called a Carry Trade. What the heck is it, and what is the big deal about it "unwinding". What does that mean? Is it a good or a bad thing for it to "unwind". And who wound it (whatever it is) up in the first place.
I'm normally brilliant (yeah right) but this one's got me stumped. I've googled it and am still baffled.
Can someone please put it into plain english what it is and how it affects me as a forex trader?
Many thanks in advance for any repllies.
cici
I'm normally brilliant (yeah right) but this one's got me stumped. I've googled it and am still baffled.
Can someone please put it into plain english what it is and how it affects me as a forex trader?
Many thanks in advance for any repllies.
cici