Carry trade and momentum in currency markets

Carry trade and momentum in currency markets

by Craig Burnside

Book 16942 of NBER working paper series -- working paper

Join Readfeed freeFind clubs reading this
Rate this book:

Browse books you can read free on Readfeed

No club is reading this yet — be the first to start one

Start a club free
About
"We examine the empirical properties of the payoffs to two popular currency speculation strategies: the carry trade and momentum. We review three possible explanations for the apparent profitability of these strategies. The first is that speculators are being compensated for bearing risk. The second is that these strategies are vulnerable to rare disasters or peso problems. The third is that there is price pressure in currency markets"--National Bureau of Economic Research web site.

Discuss Carry trade and momentum in currency markets with other readers

Join or start a book club for Carry trade and momentum in currency markets on Readfeed. Live chat, shared reading progress, and AI discussion questions — free to get started.

Sign up freeBrowse book clubs

Frequently asked questions

How do I join a book club for Carry trade and momentum in currency markets?

Sign up free on Readfeed, then browse public clubs or start your own club with Carry trade and momentum in currency markets as the current read. Invite friends with a share link and discuss together with live chat and AI discussion questions.

Can I discuss Carry trade and momentum in currency markets with other readers online?

Yes. Readfeed book clubs let you chat live, share progress, and join discussions about Carry trade and momentum in currency markets with readers worldwide — whether your club is virtual, in-person, or hybrid.

Is Readfeed free?

Yes. Creating an account and joining book clubs is free. Sign up to find readers who love the same books and start discussing today.