Citi FX traders see continued carry trade opportunities
Citigroup Inc.'s US currency desk expects the carry trade to keep offering opportunities for investors, even though the strategy may struggle to replicate a period of standout returns. Fuad Muvdi, head of US FX trading, said the wagers will continue to benefit from lofty interest rates in emerging markets. He also expects the dollar to weaken slightly after Federal Reserve officials opted against an interest-rate hike last week.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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