rbs-to-launch-fx-trading-note

RBS to launch FX trading note

The carry trade may be dead but the foreign exchange market still has a lot to offer private investors.
The subprime storm has been tough on currency traders. After years of making easy money through carry trades û borrowing in low-interest currencies and lending in high-yielding ones û they are now back to working for a living as the carry unwinds.

It was so easy to make money from carry trades even retail punters were heavily in on the act û during the past few years Japanese households have sent trillions of yen to New Zealand and Australia, but as the easy money dries up, private investors are exiting in their droves and handing the foreign exchange market back to the professionals.

That could be a mistake because forex has great potential as an...
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