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Traders flip again to high-yield Latin America currencies as implied volatility falls
Traders are as soon as once more piling again into the rising market international trade carry commerce as they return to methods that delivered vital earnings earlier than the breakout of the Iran battle.
The Bloomberg FX rising markets carry index, which measures the cumulative complete return of carry positions in eight rising market currencies funded by brief US greenback, hit a multi-year excessive of 298.1 on April 17. As of Might 1, the index was at 296.6.
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