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Stories Tagged as

Foreign exchange

The high stakes trade that can move entire currencies 

by Sabri Ben-Achour
May 16, 2024
The “currency carry trade” is one way investors chase returns by moving their money from one country to another, and it can move currency markets. It’s emblematic of the power of interest rates to slosh money around the globe, and it may be growing. 
Currency carry trade is a particular type of bet that investors make when they think they can earn more money in one country than in another.
Kazuhiro Nogi/APF via Getty Images
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Could the United States dollar be dethroned?

by Sabri Ben-Achour and Erika Soderstrom
Apr 26, 2023
Why some countries are moving away from U.S. bucks.
The U.S. dollar has been the dominant global currency for nearly a century. But some countries are now looking to diversify away from the greenback.
China Photos/Getty Images
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