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Currency traders can't lose as trusted strategies reap big gains

Tuesday, August 30, 2016 - 05:50

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Investors were recalculating their approaches on Aug 26 after Federal Reserve Chair Janet Yellen's speech boosted the likelihood for higher US rates.

New York

EVERYONE's a winner in the US$5.3 trillion-a- day global currency market this year.

For just the second time in the past decade, three major foreign-exchange trading strategies are all producing positive returns. The carry trade, in which investors borrow in Group of 10

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