Essays about: "currency carry trade"

Showing result 6 - 10 of 10 essays containing the words currency carry trade.

  1. 6. Avoiding Yen Carry Trade Unwind Through Diversification

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Max Valiquette; [2014-01-27]
    Keywords : ;

    Abstract : This study compares Markowitz’s mean-variance carry trade portfolios with traditional foreign exchange carry trade investments. The strategy generates on average positive yields over the total time frame, including the 2008 yen carry trade unwind, proving the strength of diversification. READ MORE

  3. 7. Growth Opportunities, Investment Propensity and Currency Risk Premia

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Martin Welz; [2014]
    Keywords : Carry trade; Capital inflows; Currency risk premia; Growth opportunities;

    Abstract : Recent studies have found a link between exchange rate returns and macroeconomic imbalances. However, focusing mainly on standard fundamentals might not identify the true drivers of an economy's future repayment ability and therefore currency risk. READ MORE

  4. 8. Relationship between Currency Carry Trades and Gold Returns : A quantitative study of G-10 currencies: correlation and spillover effects for the last two decades.

    University essay from Umeå universitet/Företagsekonomi

    Author : Johannes Hornbrinck; Jonas Olausson; [2014]
    Keywords : Gold; Currency Carry Trades; Carry Trades; Portfolio choice; Sweden; Gold Hege; Gold diversifier; Gold safe-haven; UIP; Relationship;

    Abstract : Currency carry trade is an investment strategy that recently started gaining a lot of interest not only among investors and financial institutions but also academically. One of the underlying theoretical assumptions regarding the mechanisms of the foreign exchange market, the Uncovered Interest Parity has frequently been disproved in practice which has led to the conclusion that carry trade is profitable in practice. READ MORE

  5. 9. The relationship between carry trade currencies and equity markets, during the 2003-2012 time period

    University essay from Företagsekonomi

    Author : Andrei Dumitrescu; Antti Tuovila; [2013]
    Keywords : carry trade; correlation; currency; equity indexes; financial crisis; foreign exchange; risk premia; uncovered interest parity; volatility; S P 500; FTSE All-World; VIX;

    Abstract : One of the most popular investment and trading strategies over the last decade, has been the currency carry trade, which allows traders and investors to buy high-yielding currencies in the Foreign Exchange spot market by borrowing, low or zero interest rate currencies in the form of pairs, such as the Australian Dollar/Japanese Yen (AUD/JPY), with the purpose of investing the proceeds afterwards into fixed-income securities.To be able to determine the causality between the returns of equity markets and the foreign exchange market, we choose to observe the sensitivity and influence of two equity indexes on several pairs involved in carry trading. READ MORE

  6. 10. EU och pengarna : en undersökning om hur den översiktliga planeringen i två svenska strategiska regioner påverkas av Europeiska regionala utvecklingsfonden

    University essay from SLU/Dept. of Urban and Rural Development

    Author : Märta Alsén; [2013]
    Keywords : Översiktsplanering; EU; Strukturfonder; ERUF;

    Abstract : The European Union is a 60 year long collaboration between the European countries. It was born from the intention to ease trade and thereby reassure peace. Within the 60 years EU has functioned it has developed and expanded further. READ MORE