New to carry trade, but this seems too easy to be true..., please comment on the following Carry Trade :
1. Long Highest yielding pair . ( AUDJPY)
2 To avoid exchange rate swings....Hedge with Highly Correlated pair offering lower yielding interest ( CADJPY)
thats it.
or is it ???????
1. Long Highest yielding pair . ( AUDJPY)
2 To avoid exchange rate swings....Hedge with Highly Correlated pair offering lower yielding interest ( CADJPY)
thats it.
or is it ???????
Buy low , Sell high